Macomb and McDonough County offer several financial incentives. The Macomb Area Economic Development Corporation (MAEDCO) can help structure the best financial package for your business using programs such as:
Macomb/Bushnell Enterprise Zone
- Sales Tax Exemption
- Nearly 100% Property Tax Abatement (up to 10 years)
- Jobs Tax Credit (State)
- Waiver of Local Fees
- Boundary Map
Tax Increment Financing (TIF)
- Downtown Macomb Tax Increment Finance Information
- West Side Macomb Tax Increment Finance Information
City of Macomb Revolving Loan Fund – City Revolving Loan Fund Information
MAEDCO Revolving Loan Fund – MAEDCO Revolving Loan Fund Information
Prairie Hill Research Conservation & Development Revolving Loans
Western Illinois Community Development Corporation
Land Write Down – City Industrial Park
Additional Loans and Incentives are available through:
- Illinois Department of Commerce and Economic Opportunity
- U.S Department of Agriculture Rural Development Program
- Illinois Development Finance Authority