New Development Business IncentivesKingsburg is promoting a new Economic Incentive Program to encourage new businesses to locate or expand in our town. Here are some of the reasons we think you’ll enjoy doing business in Kingsburg.
New Business Benefits
All new development is eligible for:
- 25% reduction in all capital facility fees
- 50% reduction in all City real property taxes for the first three years
- 50% reduction in all City sales taxes for the first three years
- 21-day administrative approval process
- Development Incentive Fund - Contact City Hall for more information.
Existing Business IncentivesKingsburg is also invested in their existing businesses and infrastructure. Existing businesses and property owners can take advantage of public/private funding partnership to enhance the appearance of commercial areas, assist in the retention of existing businesses and to complement other revitalization efforts.
- Facade/Alley Improvement Program
- Micro Grant Program
- Upper Floor Rehab Loan Program
- Forgivable Loan Program
- Business Improvement Zones - Contact City Hall for more information.