Potential Incentives

Expedited Permitting Process

We have an amazing and thorough Code and Building Department.  Click here to learn about our program and staff.

Tax Increment Reinvestment Zone (Tax Increment Financing District)

A tool that local governments can use to publicly finance needed improvements to infrastructure and buildings within a designated area known as a reinvestment zone. The cost of improvements to the Tax Increments Reinvestment Zone is repaid by the future tax revenues of each taxing unity that levies taxes against the property.

Tax Abatements

A local agreement between a taxpayer and a taxing unity that exempts all or part of the increase in the value of the real property and/or tangible personal property from taxation for a period not to exceed 10 years.

Chapter 380 Agreements

Allow municipalities and counties to offer grants and loans for economic development or a variety of other economic incentives.

Saginaw Economic Development Policy - Click here