Façade Grant - A grant program, generally a matching grant, administered through the municipality that allows small businesses in designated areas to apply for funding for façade and other property improvements.
TAD, sometimes called a TIF (tax increment financing), is a financing incentive tool in which bonds are issued to pay for infrastructure and other improvements in a designated area. These bonds are repaid by increases in property values (and corresponding property ‘tax increments’) from that area.
Tax Abatement - The Authority will work with a prospective economic development project to offer a tax abatement that will reduce property taxes over a multi year period.
Film Industry Credits in exchange for “Made in Stockbridge, GA” Credits in Film and 5% of industry jobs allocated to Stockbridge residents to include but not limited to design jobs, writing jobs, AV jobs and more. . .
The City of Stockbridge will waive occupation taxes for up to three (3) years for new businesses. The purpose of the City of Stockbridge New and Emerging Business Tax Waiver Program is to encourage or maintain select businesses or practitioners of certain types of occupations or professions in the city of Stockbridge. (Specific industry)
Easy, Streamlined, and Expedited Process to do business with The City of Stockbridge Development Authority (remove bottlenecks with city permitting)
Business Services Initiative allowing the Workforce Development Division to establish employment partnerships with private and public sector companies to meet the company’s employment needs.
Revolving Loan Fund (RLF) - Created after a municipality receives a Community Development Block Grant (CDBG), the RLF is used for lower interest rates, lease rates, etc. to provide capital for small businesses and expand economic opportunity.
The Small Business Improvement Grant program exists to support local small businesses and commercial property owners located in the City of Stockbridge Tax Allocation Districts (TADs)
