Vicksburg DDA Resources
Your Vicksburg DDA is continually seeking and evaluating new grants, loans and tax incentive programs to help you select, maintain and grow your business. We focus on programs that promote economic growth, enhance property values and provide incentives for people and businesses to locate in the downtown district. Many of these programs provide tax incentives and support for exterior improvements, which will stimulate additional private investment in the buildings and the surrounding area, and attract additional customers resulting in increased downtown economic opportunities.
Many State grants and some tax incentives require an increase in new employee full-time equivalent positions, and potentially financial match requirements of 25-50%. We provide assistance with your grant and incentive application preparations on programs you wish to participate. Additionally, we will submit your information to the State or grant office, and contact you on the funding opportunities available for your property. Thank you in continuing to make Vicksburg a great place to live, work and play!
Tax Credits & Financing
Tax Incentives and loans that may be available, subject to state and local government approval include:
- Non-historic Rehabilitation Tax Credits
- Commercial Redevelopment Act (CRA ) Tax Abatement
- Downtown Development Revolving Loan Fund (DD RLF)