Property tax abatement for investment in commercial property and improvements

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The HPIP provides an investment tax credit and other incentives for companies that pay above average wages and have a strong commitment to skills development fo their workers. 

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The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. 

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Tax increment financing, or TIF, subsidizes companies by refunding or diverting a portion of their taxes to help finance development in an area or (less frequently) on a project site. Usually, TIF helps to pay for infrastructure improvements (streets, sewers, parking lots) in the area near a new development.

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Approved qualified companies may receive 95% of the payroll withholding tax of the new PEAK jobs/employees that are paid equal to or above the county median wage in which the business facility is located. 

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Use of water, electric, or gas to operate equipment MAY be eligible for sales tax exemption.

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ECED currently has 28 acres of land, zoned for industrial or commercial development.  We track additional commercial property for sale or development.

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The KIT and KIR programs can pay for the costs of training new employees or retraining existing workers.

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Skilled workers or training for skilled workers may be eligible for a cost share through Kansas Works.

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