Incentives

Incentives

TIF Rebate Program

The City offers a TIF Rebate program to qualifying projects. More information can be found in the City’s TIF policy.

Retail Kickstarter Program

The Retail Kickstarter Program was created to facilitate growth, development or attraction of businesses that meet retail needs and/or diversify the economy and provide job opportunities in the City of Spencer. This unique program offers a 0% interest loan of up to $25,000 for qualifying projects. For additional information and the current application, please contact the Spencer Chamber, info@spencerchamber.org.

Multi-Residential Tax Abatement

Residential Tax Abatement