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Procurement and Compliance Services for Economic Development Incentives and Financing 

Strategus has extensive experience and expertise:

  • Identifying, structuring and managing the procurement and implementation of economic development incentives.
  • Identifying, structuring and managing the procurement and implementation of debt and equity financing.
  • Layering the right mix of incentives and financing sources to meet your unique needs.
  • Taking your overall incentive and financing package from concept and implementation to funding and compliance.

 

Access to Strategus Procurement and Compliance Services will be to your advantage when you are considering one of the following "Triggering Events": 

  • Capital investment (e.g. new building expansion, new equipment, building acquisition, building restoration, environmental remediation, infrastructure).
  • Adding jobs to expand your workforce.
  • Workforce training initiatives.
  • Relocating, expanding or consolidating operations.
  • Relocating a business headquarters.
  • Mergers and acquisitions.
  • Building lease negotiations.
  • Location closure.
  • Research and development investment.
  • Energy efficiency / renewable energy project investment.
  • Brownfield clean-up investment.
  • Project infrastructure investment.
 

Bring It All Together – TIF, EDGE, NMTC and Other Sources

Strategus can bring the intellectual capital and proven ability to develop and implement solid strategies that successfully apply innovation and creativity to the Incentives and Financing process for many different types of Projects.
 
Strategus often combines the Basic State and Local Incentives like Tax Increment Financing (TIF) and Economic Development for a Growing Economy (EDGE) tax credits with more complex federal, state and local economic development incentives.  For example, this may include the combination of the Federal New Markets Tax Credit (NMTC) Financing and other federal and state investment tax credit programs that generate the required additional project equity and enhanced cash flow that make your numbers work!
 
As another example, the Federal HUD Section 108 loan program, State Regional Cities Grant Proceeds, Local Leverage TIF Lender Credit Enhancement and/or the United States Department of Agriculture Business and Industry Loan (USDA B&I) guarantee program can all be combined with Federal New Market Tax Credit financing when needed in rural communities.
 
Today, most Projects need more than the basics!
 
 

Basic State and Local Incentives

Strategus has a strong foundation in managing the Basic State and Local Incentives process.
 
Such Basic State Incentives include job growth incentives, such as Indiana's EDGE, workforce training incentives, such as Indiana's Skills Enhancement Fund, and new capital investment incentives, such as Indiana's Hoosier Business Investment Tax Credit.  The primary Basic Local Incentive in many states, including Indiana, is Property Tax Abatement.
 
 

Complex Federal, State and Local Incentive Services

Strategus has in-depth expertise in managing the most complex Federal, State and Local Incentive processes in addition to the basics.
 
Strategus' Complex Federal, State and Local Incentive Services include the combination and/or integration of various Federal, State and Local Incentives as a part of the Basic State and Local Incentive package.  Strategus works closely with each client to identify the right mix of complex incentives to bring the Project to reality.
 
Strategus' extensive Complex Federal, State Local Incentive experience includes.

  • Federal New Market Tax Credit allocations and related funding (obtaining allocation and the leveraged loan).
  • State New Market Tax Credit allocations and related funding (obtaining allocation and the leveraged loan).
  • Federal Historic Tax Credit (obtaining and monetizing the tax credit).
  • State Historic Tax Credit (obtaining and monetizing the tax credit).
  • State Community Revitalization Enhancement District (CRED) Tax Credit (obtaining and monetizing the tax credit).
  • State Industrial Recovery Tax Credits (obtaining and monetizing the tax credit).
  • Other State Investment Tax Credit (obtaining and monetizing the tax credit).
  • Federal Community Development Block Grants (CDGB).
  • Federal New Market Tax Credit Leveraged Federal HUD Section 108 Loans.
  • Federal New Market Tax Credit Leveraged Local TIF Lender Loans.
  • Federal New Market Tax Credit Leveraged Federal EB-5 Loans.
  • Federal USDA Business and Industry (B & I) Loan Guarantees used to secure NMTC Loans.
  • Local TIF used to secure NMTC Leverage Loans.
  • Leveraged State Ventured Capital Investment Tax Credit (leveraging and monetizing the tax credit).
  • State R&D Tax Credits (monetized).
  • Federal Low-Income Housing Tax Credits for Affordable Assisted Living Facilities.
  • Federal Tax Exempt Bonds used to finance Affordable Assisted Living Facilities.
  • Local Payment in lieu of tax PILOT for Affordable Assisted Living Facilities.
 

Debt and Equity Financing Services

Comprehensive Project Financing Services at Strategus include the analysis, planning, structuring and facilitating both traditional and nontraditional debt and equity financing sources.
 
Strategus' leadership provides each client with a streamlined point of contact for the entire lifecycle of the project financing.
 
Strategus' extensive financing experience includes:
  • Traditional Debt Financing (Real Estate and Private Company).
  • Traditional Equity Financing (Real Estate and Private Company).
  • Nontraditional Debt Financing.
    • TIF (tax increment financing) Backed Bonds.
    • Other Special Taxing District Local Option Tax Backed Bonds.
    • Industrial Revenue Tax-Exempt Bonds.
    • 501(c) Tax-Exempt Bonds.
    • SBA Loan Guarantee Programs.
    • USDA Loan Guarantee Programs.
    • HUD CDBG 108 Loan Program.
    • New Markets Tax Credit Leverage Loan Financing.
    • EB-5 Financing.
    • Regional Cities Initiative Financing.
    • Affordable Housing Section 142 Bonds.
  • Nontraditional Equity Funding From the Sale of Tax Credits.
    • Federal New Markets Tax Credits.
    • Federal Historic Tax Credits.
    • Federal Renewable Energy Tax Credits.
    • Federal Low-Income Housing Tax Credits.
    • State Venture Capital Investment Tax Credits.
    • State Community Revitalization Enhancement District Tax Credits.
    • State Industrial Recovery Tax Credits.
    • State New Markets State Credits.


Compliance Management

Strategus starts the process of incentive compliance at the inception of the incentive procurement process.
 
As the complexity and potential net incentives increases, so does the post-closing compliance burden.  Strategus helps with the compliance process by providing the administrative assistance and support required for you to maximize your net incentives and financing.

Get started on your project by accessing Strategus' Procurement and Compliance Services for your next Triggering Event Project. Contact us.