The Economic Alliance works diligently to report in a timely manner on things like local business expansion, new business development, new and enhanced development incentives, economic news and other items of interest to our community investors and investor prospects.
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Tuesday, February 13, 2024
The River Edge Redevelopment Zone Program (RERZ) helps revive and redevelop properties adjacent to rivers in Illinois. RERZ provides several incentives authorized by State law, including sales tax exemption and property tax abatement. Other incentives are claimed on your Illinois Income Tax filing forms.
