Fountain Inn Economic Development Incentive Ordinance
Fountain Inn can negotiate local economic development incentives for qualifying projects that create investment, jobs, revenue, or community benefit.
About this program
The City of Fountain Inn's Economic Development Incentive Ordinance authorizes the city to provide negotiated incentives for economic development projects that advance local goals such as increasing property and hospitality tax revenue, business license revenue, permit revenue, job creation, and improvement of the city's character through reinvestment and preservation. The ordinance allows incentive consideration for eligible projects in designated incentive areas and is administered through city review and approval.
Eligibility
Businesses, developers, and property owners with qualifying economic development, redevelopment, expansion, or attraction projects in Fountain Inn may seek incentive consideration when the project produces documented public benefit.
Requirements
- Project must be located in Fountain Inn and meet the incentive ordinance's eligible area and project criteria.
- Applicant must show public benefit such as increased property tax, hospitality tax, business license, or permit revenue, job creation, or improvement to the city's character.
- Applicant must provide project scope, location, investment, employment, revenue, timing, and incentive request information to the city.