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SD
Rapid City Tax Increment Financing
Local redevelopment financing for qualifying Rapid City business and infrastructure projects.
About this program
Rapid City uses tax increment financing to support eligible redevelopment, infrastructure, and economic development projects that expand the local tax base.
Eligibility
Developers and businesses with qualifying projects in eligible Rapid City areas may apply for local TIF consideration.
Requirements
- Submit project information to Rapid City
- Show eligible redevelopment or infrastructure need
- Receive city approval and development agreement