Transformational Mixed-Use Development Tax Credit

Eligibility Requirements

• 1Project qualifies as a transformational mixed use development project and satisfies all other criteria prescribed by this section
• 2Estimated increase in tax collections from the project site during the completion period exceeds ten percent of the estimated eligible expenditures
• 3Applicant will not be able to close on construction financing, commence construction, or complete the project unless the applicant receives the credit
• 4If project site is located within ten miles of a major city, estimated eligible expenditures must exceed fifty million dollars

Eligible Project Types