Financial incentives in DeWitt County can provide a competitive advantage or give a new business venture the opportunity to grow without the pressure to perform immediately. Our financial services providers locally are very supportive and our community offers multiple tax incentives and grant programs.
TIF is a tool used by municipalities to encourage development in areas where replacement or rehabilitation is desired. It effectively uses a portion of the future property tax value to finance/execute a phase(s) of a project thereby decreasing costs for the developer. TIF is available in both the City of Clinton and City of Farmer City.
Assistance with facade renovation of buildings located within a central business district. Offered by the City of Clinton, through an application program.
Beyond traditional sources of financing, DeWitt County has several several unconventional options. Both the City of Clinton and DCDC have RLF lending programs. Each program has its own set of specific criteria.
302 West Main St, Clinton, IL 61727
217-935-9470 • www.dewittsb.com
490 Maple St, Weldon, IL 61882
217-736-2294 • www.firstmid.com
2 Kelli Court, Clinton, IL 61727
217-935-2148 • www.fnbtc.com
301 S Side Square, Clinton, IL 61727
217-935-3144 • www.hbtbank.com
333 S Main St, Farmer City, IL 61842
309-928-2161 • www.hbtbank.com