ARTIST RELOCATION PEORIA

INCENTIVES FOR ARTISTS IN PEORIA

http://artistrelocation.blogspot.com

For the Artist

(These programs are complicated - research carefully)

First Time Homebuyer - $7,500 Tax Credit

http://www.federalhousingtaxcredit.com/

First time Homebuyer – Up to $10,000 down payment assistance

http://spreadsheets.google.com/pub?key=pSt1ivzaCLuN5M0iZgBtABg

http://www.ci.peoria.il.us/index.php?module=resourcesmodule&action=view&id=2860

or contact the Neighborhood Development, Twin Towers, Room 402, 494-8656

Housing Rehabilitation – Up to $20,000 in assistance

http://cityofpeoria.blogspot.com/2008/08/great-opportunities-for-first-time-home.html

HUB Zone Credit – Federal and Major company preference

http://hubzonepeoria.blogspot.com/

For the Developer

Enterprise Zone – No sales tax on building Material

http://peoriaenterprisezone.blogspot.com/

Tax increment Financing – Some future property taxes to development

http://peoriatif.blogspot.com/

Historic Tax Credits for rehabbing buildings older than 36 years

http://www.nps.gov/history/hps/tps/tax/

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General Info

http://www.peoriaed.blogspot.com/

http://www.federalhousingtaxcredit.com/
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City of Peoria programs to help home buyers are shown on the links below:_

__Housing Rehabilitation Form
_http://peoria-economicdevelopmentbrochure.googlegroups.com/web/Housing+Rehab+Assistance.pdf?gda=HM26ak4AAADxMfXAjK1PoH5J7dG-s92HWHM-Hv-y7EVJtPs3bt3-PzTm_ZvMObkuEqxsWgECLfy0wbPh2gH66hjbzJPkxB0j47Cl1bPl-23V2XOW7kn5sQ&gsc=itXsPQsAAADycVE8hdXy7Z6ni1TmxbzU_/web/Housing+Rehab+Assistance.pdf?gda=HM26ak4AAADxMfXAjK1PoH5J7dG-s92HWHM-Hv-y7EVJtPs3bt3-PzTm_ZvMObkuEqxsWgECLfy0wbPh2gH66hjbzJPkxB0j47Cl1bPl-23V2XOW7kn5sQ&gsc=itXsPQsAAADycVE8hdXy7Z6ni1TmxbzU
_http://spreadsheets.google.com/pub?key=pSt1ivzaCLuM6joTj2dnQWg_
For development and management of residential rehabilitation programs in community development areas, including loans and grants, contact Neighborhood Development, Twin Towers, Room 402, 494-8656._Or contact your local banker.