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Business Resources
Business Assistance
The City of Litchfield offers competitive incentives at the local level to encourage business recruitment and retention.
Façade Program
The City of Litchfield addresses the maintenance and rehabilitation needs of building facades in the TIF District by offering façade grants. The grants are a 50%/50% match up to $10,000 per storefront. Eligible improvements include awnings, lighting, masonry, painting, signage, and more.
Emergency Roof Program
The City of Litchfield offers assistance with emergency roof repairs an replacements to business owners within the TIF Districts. The goal of this program is to address urgent roofing issues that may lead to further structural issues. The grants are a 50%/50% match up to $10,000.
Long Term TIF Assistance
We offer assistance for large-scale redevelopment projects within each of our three TIF districts. Structural improvements are prioritized. Sales tax, community needs, and job creation are considered.
Enterprise Zone Property Tax Abatement
We have been granted Enterprise Zone status for industrial and commercial development. We currently offer abatement of real estate taxes on an improvement's increased assessment to the property based on a project cost. The abatement percentage and terms are considered upon investment. This program is administered by Montgomery County. More information can be located here.
Enterprise Zone Sales Tax Abatement
Sales tax exemption is permitted on building materials to be used in an Enterprise Zone. Materials must be permanently affixed to the property and must be purchased from a qualified retail supplier. This program is administered by Montgomery County. More information can be located here.
State of Illinois Assistance
The State offers other potential benefits available to businesses including employer training incentives, job tax credits, investment tax credits, and certain loan programs.
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Breann Vazquez
City AdministratorPhone: 217-324-8151