Incentives

Why Henry County?

The City of New Castle and Henry County aggressively pursue opportunities to increase jobs and investment in this centrally located area. Incentive opportunities may include:

  • Real and Personal Tax Abatement
  • Pledge of Tax Increment Finance (TIF) for Economic Development Revenue Bonds
  • Infrastructure Assistance
  • Foreign Trade Zone Alternative Framework
  • Permit Assistance
  • Reduced Price/Free Land

State incentive information is available at iedc.in.gov.

Property tax liability is constitutionally limited to 3% of assessed value on real and personal property.

Contact us for a customized incentive package.

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