Redevelopment Tax Credit
The Indiana Economic Development Corporation’s Redevelopment Tax Credit supports business-led revitalization of underutilized Indiana properties through targeted tax incentives.
Funder: Indiana Economic Development Corporation
Due Dates: Rolling (applications accepted year-round)
Funding Amounts: Tax credit amount varies based on project scope and investment; no standard maximum published.
Summary: Provides tax credits to businesses investing in the redevelopment of underutilized properties in Indiana.
Key Information: Program is open year-round; project compliance is managed through the IEDC PIMS portal.
Description
The Redevelopment Tax Credit is a business tax incentive administered by the Indiana Economic Development Corporation (IEDC) to encourage the revitalization of underutilized or blighted properties across Indiana. By granting tax credits to businesses that invest in qualified redevelopment activities, the program aims to stimulate economic growth, attract private investment, and transform properties that might otherwise remain idle. This incentive is part of Indiana’s larger suite of business-friendly tax credits and economic development programs.
