:: SITE SELECTOR TOOLS
LOCAL INCENTIVES
Purpose :: Provide local incentive programs for new or expanding businesses in Moberly, Randolph County, Howard County.
Eligibility :: Local incentive programs are discretionary. Eligibility varies with individual programs and is based on the company’s core business operations.
Funding Limits :: Funding limits are determined based upon the project’s minimum capital investment, number of new jobs created and level of employee compensation.
Application/Approval Procedures :: MAEDC must first offer program benefits in the form of a formal proposal. The company must return the accepted proposal within 90-days of the proposal date. All incentives must be approved prior to the start of construction, purchase of equipment or hiring of new personnel.
Incentives (for qualifying projects):
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Missouri Works: Moberly, Randolph County, Paris, Monroe City, Monroe County, Howard County
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Real and Personal Property Tax Abatements
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Low Cost/No Cost Land Options
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Build to Suit Scenario/Bond Financing
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Waiver of Municipal Fees & Charges
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Negotiable Local Utilities
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Streamlined Permitting Process
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Sales & Use Tax Abatements on Building Materials and Equipment
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Assistance with Infrastructure Improvements
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Foreign Trade Zone Program
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HUBZone Program
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USDA/SBA Loan Guarantee Programs
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New Market Tax Credit Financing Program
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Customized Training Opportunities
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Incentives Coordination and Assistance
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Facilitation of Permitting Process and Approvals