Eligibility

The credit is available to taxpayers that make qualified investments for the redevelopment or rehabilitation of property located within a revitalization district. Only those projects that the IEDC expects to have a positive return on investment will be considered. A taxpayer is not eligible for more than one of the following tax credits for the same project:

• Community revitalization enhancement district tax credit (CRED)

• Industrial recovery tax credit (DINO)

• Hoosier business investment tax credit (HBI)

• Enterprise zone investment cost credit

• Venture capital investment tax credit (VCI)

For more information, download Community revitalization enhancement district tax credit (CRED) Facts.