Eligibility

Regional Redevelopment Tax Credit (RTC)

RTC is available to taxpayers who make qualified investments in the redevelopment or rehabilitation of a qualified redevelopment site in any of Indiana’s 15 economic regions. A qualified redevelopment site is considered vacant land or underutilized land and buildings.

 Small Town Opportunity Initiative (STOI)

STOI is available to taxpayers who make qualified investments in the redevelopment or rehabilitation of a qualified redevelopment site, which includes distressed buildings (or sites where distressed buildings once stood) in the downtown area of a city or town with a population less than 30,000 or unincorporated areas of less than 75,000 people.