Business Incentive Packages

The Village of Whitehouse welcomes new business and industry to locate here!  We offer competitive incentive packages - please contact Mr. Dennis Recker, Village Administrator, at 419-877-5383 for further information.

Enterprise Zone (EZ) Tax Incentive Program
Eligibility

Companies expanding and creating jobs

Requirements
 -
Invest a minimum of $100,000
- Create a minimum of 5 jobs paying at least 150% of minimum wage
- All other State rules and regulations apply

Rates/Terms
Maximum 75% for 10 years

Job Creation Grant Program
Eligibility

- Companies investing in Whitehouse and creating new jobs
- Retail commercial companies are not eligible

Requirements
- Create at least 5 new jobs
- Generate at least $100,000 in new annual payroll
- Be current on all taxes, assessments, etc.

Rates/Terms
-
Maximum 8 year grant
- Maximum $20,000 per year
- Amount of grant is .005 times the new payroll
- Number of years determined by number of new jobs created

Community Reinvestment Area (CRA)
Eligibility

For new construction or renovation projects in designated CRA

Requirements
 -
Invest in new real property improvements

Rates/Terms
- Tax abatement of 100%
- 10 years for new construction; 7 years for renovation

 

 

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