Toolbox Newsletter 2018-08-06T14:30:02+00:00

THE TOOLBOX
An Economic Development Newsletter

WEDA is proud to partner with state agencies, local units of government and other economic development stakeholders to deliver the Toolbox Newsletter – a regular publication to provide an overview of available economic development tools and how they can be used to benefit communities across Wisconsin. Each edition offers insight into the programs and policies used in Wisconsin to drive economic growth, providing readers with relevant information on new programs, updates to existing programs and best practices for implementation.

 


Wisconsin Community Development Incentive Grant Program – July 2018

Wisconsin’s Community Development Investment (CDI) Grant program helps transform communities across the state by providing matching funds up to $250,000 to support shovel-ready projects that focus on revitalizing a community’s downtown area or commercial center. The CDI Grant program was created in 2013 to incentivize downtown community development In Wisconsin. Since it’s inception, WEDC has awarded more than $20 million in grants to 79 communities. That investment is expected to generate over $280 million in planned capital investment across the state.

The CDI Grant program is administered by the Wisconsin Economic Development Corporation (WEDC). For more information on the program, please contact a WEDC regional economic development director.

Wisconsin HTC Program Resources:

CDI Grant program overview (WEDC)

CDI Grant program details (WEDC)

 


Wisconsin Historic Tax Credit Program – May 2018

Wisconsin’s Historic Tax Credit (HTC) program offers state income tax credits to leverage private investment for the redevelopment of historic buildings. The program has helped revitalize communities across the state, spurring economic activity, generating new tax revenue, and creating job opportunities. This edition of the WEDA Toolbox Newsletter provides a look at how the HTC was used to transform a long-vacant property in downtown Oshkosh, WI into a bustling multi-purpose complex with residential, commercial and retail space. Readers will also learn more about how the HTC process works and the program’s significant economic impact in both large and small communities.

The state HTC is administered jointly by the Wisconsin Historical Society (WHS) and the Wisconsin Economic Development Corporation (WEDC). For more information on Wisconsin’s HTC program, please contact a WEDC regional economic development director or a WHS preservation architect.

Wisconsin HTC Program Resources:

♦  WEDC Historic Tax Credit overview

♦  HTC qualification and application process (WHS)

♦  WHS Historic Tax Credit brochure

 


 

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