Incentives That Support Business Investment in Clinton County, Ohio
Clinton County offers local and state incentives to reduce project costs and help businesses grow. The Clinton County Port Authority (CCPA) matches incentives to job creation, capital investment, and site needs. Programs assist new and expanding businesses with clear rules and measurable outcomes.
Local Incentives
Enterprise Zone Program
Enterprise Zone agreements provide real property tax exemptions based on capital investment and employment commitments. Projects may qualify through new construction, facility expansion, or renovations that meet investment thresholds.
The CCPA leads talks with local governments and, if needed, school districts. Exemption terms can last up to 15 years with approval. Projects at Wilmington Air Park may need extra state review if moving from another Ohio location.
Community Reinvestment Area Program
The Community Reinvestment Area program allows local governments to grant tax breaks on property value increases resulting from improvements. How much you receive depends on the location and project size. The program covers new buildings and big renovations that raise property value.
The CCPA works with local housing officers and municipal partners to guide applicants through the eligibility and approval process. Each agreement is tailored to project size, job commitments, and long-term community value.
Tax Increment Financing (TIF)
Tax Increment Financing lets local governments use higher property tax values from a project to pay for infrastructure. Instead of paying higher taxes, the owner makes payments to fund improvements like roads, utilities, and site prep.
The CCPA can set up TIF deals and may issue bonds paid back by these payments. This gives upfront infrastructure funding with payback linked to project results. Security may include reserve funds or credit backing.
Conduit Bond Financing
With conduit financing, the CCPA issues bonds and gives the money to the borrower for project costs. The borrower repays the debt through set payments. In a capital lease, lease payments pay off the bonds, and you may get ownership at the end.
Some projects qualify for tax-exempt bonds, reducing borrowing costs through tax advantages for investors. Eligible uses include manufacturing, nonprofit, and public-purpose developments. Projects may also receive sales tax exemptions on construction materials, lowering total costs.
State Incentives
The State of Ohio offers many incentives for businesses. By working with JobsOhio, the CCPA can help connect you with the right options for your project.
Visit JobsOhio's website for a full list.
How to Apply
Begin by defining your project scope, investment, timeline, and any job creation and payroll estimates. The CCPA will then work with you to determine the eligible incentives for your project.
Start the Conversation
Contact the Clinton County Port Authority today to review your project and secure the most beneficial incentive package. Act early to maximize your access to available programs and ensure timely approvals that will advance your business.
Josh Roth, Economic Development Director
jroth@ccportauthority.com