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Local Incentives

Communities in the Dayton Region offer a wide range of support for new and expanding businesses to allow flexibility in addressing areas of potential risk and increasing speed to market. Communities can to develop custom programs for companies to address specific needs, our experienced project teams can help navigate the approval process. Programs below often require local government approval.

Community Reinvestment Area (CRA)

Community Reinvestment Areas (CRA) can offer property tax abatement of a percentage of the assessed improved property value, as calculated by the local government awarding the tax abatement. These public approvals take approximately 90 days. Value is based on the estimated improved value.

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Tax Increment Financing (TIF)

Existing 30-year, 75% district. TIF program will run concurrently with the 15-year CRA. TIF revenue is used to fund infrastructure needs and will be deferred for the first 15 years of the 30-year term, allowing the company to realize benefit from the CRA. Approval must be passed by a majority of the city commission and takes approximately 60 days.

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Enterprise Zones

The Ohio Enterprise Zone Program is an economic development tool administered by municipal and county governments that provides real and personal property tax exemptions to businesses making investments in Ohio.

Tax incentives are negotiated at the local level, and an enterprise zone agreement must be in place before the project begins.

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Regional Port Authorities

Port Authorities can provide a sales tax exemption on construction materials purchased in Ohio for economic development projects. The Port Authority can offer an exemption from sales tax on construction materials that are integrated as part of the real property or incorporated into the completed structure.

Regional Port Authorities include:

Montgomery County Economic Development/Government Equity (ED/GE) Grant

Montgomery County’s Economic Development/Government Equity (ED/GE) Program, is designed to benefit companies that create and retain local jobs by investing in their growth in Montgomery County. The competitive program distributes grant monies twice a year to finance permanent improvement projects.

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Greene County Economic Development Incentive Program

The Greene County Economic Development Incentive Program (EDIP) offers cash grants to projects based upon several criteria, including but not limited to job creation, payroll, fixed-asset investment commitment, project return on investment, and alignment with County strategic goals. Eligible uses include workforce training and infrastructure costs.

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New Markets Tax Credits

Federal and State New Markets Tax Credits incite transformational facility projects throughout distressed communities in the Dayton Region; specifically projects that are substantial job creators and organizations that provide critical community services. Funds can be used for new construction, building renovation/expansion, commercial real estate acquisition with substantial building improvements. NMTC programs are a competitive process and application can be made twice each year.

Learn more

Transportation Improvement District (TID)

The Montgomery County Transportation Improvement District (the “TID”) is a special purpose local government created by the Montgomery County Board of Commissioners in 2001 to finance and expedite high priority transportation improvement projects that support significant economic development in Montgomery County and its region.

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OhioMeansJobs of Southwest Ohio (Area 7)

OhioMeansJobs of Southwest Ohio represents 12 county agency offices who routinely work collaboratively in support of companies and pledge to provide this same assistance. OhioMeansJobs centers will partner to assist with recruiting, screening, and interviewing potential employees. Value based on estimated cost savings of $1,536 per hire. Approval takes 30 days or less.

Foreign-Trade Zones

Foreign-Trade Zone (FTZ) benefits can include expedited shipments, reduced transportation costs, reduced paperwork, quota restricted materials, duty deferral, duty elimination, duty reduction, Customs fees management, or state inventory tax exemption.

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Community Improvement Corporations

A community improvement corporation (CIC) is a nonprofit corporation organized under Ohio law for the sole purpose of promoting, advancing and encouraging the industrial, economic, commercial and civic development of the area.

Regional CICs include:

Community Reinvestment Areas (CRA) can offer property tax abatement of a percentage of the assessed improved property value, as calculated by the local government awarding the tax abatement. These public approvals take approximately 90 days. Value is based on the estimated improved value.

Learn more

Existing 30-year, 75% district. TIF program will run concurrently with the 15-year CRA. TIF revenue is used to fund infrastructure needs and will be deferred for the first 15 years of the 30-year term, allowing the company to realize benefit from the CRA. Approval must be passed by a majority of the city commission and takes approximately 60 days.

Learn more

The Ohio Enterprise Zone Program is an economic development tool administered by municipal and county governments that provides real and personal property tax exemptions to businesses making investments in Ohio.

Tax incentives are negotiated at the local level, and an enterprise zone agreement must be in place before the project begins.

Learn more

Port Authorities can provide a sales tax exemption on construction materials purchased in Ohio for economic development projects. The Port Authority can offer an exemption from sales tax on construction materials that are integrated as part of the real property or incorporated into the completed structure.

Regional Port Authorities include:

Montgomery County’s Economic Development/Government Equity (ED/GE) Program, is designed to benefit companies that create and retain local jobs by investing in their growth in Montgomery County. The competitive program distributes grant monies twice a year to finance permanent improvement projects.

Learn more

The Greene County Economic Development Incentive Program (EDIP) offers cash grants to projects based upon several criteria, including but not limited to job creation, payroll, fixed-asset investment commitment, project return on investment, and alignment with County strategic goals. Eligible uses include workforce training and infrastructure costs.

Learn more

Federal and State New Markets Tax Credits incite transformational facility projects throughout distressed communities in the Dayton Region; specifically projects that are substantial job creators and organizations that provide critical community services. Funds can be used for new construction, building renovation/expansion, commercial real estate acquisition with substantial building improvements. NMTC programs are a competitive process and application can be made twice each year.

Learn more

The Montgomery County Transportation Improvement District (the “TID”) is a special purpose local government created by the Montgomery County Board of Commissioners in 2001 to finance and expedite high priority transportation improvement projects that support significant economic development in Montgomery County and its region.

Learn more

OhioMeansJobs of Southwest Ohio represents 12 county agency offices who routinely work collaboratively in support of companies and pledge to provide this same assistance. OhioMeansJobs centers will partner to assist with recruiting, screening, and interviewing potential employees. Value based on estimated cost savings of $1,536 per hire. Approval takes 30 days or less.

Foreign-Trade Zone (FTZ) benefits can include expedited shipments, reduced transportation costs, reduced paperwork, quota restricted materials, duty deferral, duty elimination, duty reduction, Customs fees management, or state inventory tax exemption.

Learn more

A community improvement corporation (CIC) is a nonprofit corporation organized under Ohio law for the sole purpose of promoting, advancing and encouraging the industrial, economic, commercial and civic development of the area.

Regional CICs include:

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