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Financial Incentives |
With the help of DGDC, the City of Goldsboro, the State of North Carolina and
the federal government, there are many financial resources available to assist
in building and property improvements. Several of the most common used in
Downtown Goldsboro are briefly described here:
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NCOpenBook.gov
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Home Ownership Program
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Façade Grant Program
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Preservation Tax Incentive Programs
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Business Incentive Grant Program
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NCOPENBOOK.GOV
NCOpenBook.gov
provides a database of approximately 2,500 state contracts and 5,000 grants that are
now available in a searchable format. The Office of State Budget and Management
is working with state agencies and departments to streamline their contract
databases so that North Carolina will have a comprehensive searchable database
online this year on
NCOpenBook.gov
. In addition to state contracts and grants,
NCOpenBook.gov
will feature detailed information about state agency performance measures and planning
as outlined in Executive Order No. 3. |
HOME OWNERSHIP PROGRAM
The City of Goldsboro is committed to provide incentives for reinvestments in
the historic downtown neighborhoods and thus, have created a down payment
assistance program for City Employees, teachers and Seymour Johnson Air Force
Base personnel.
The purpose of the Program is to compliment the efforts of the
Goldsboro comprehensive Historic Neighborhood Revitalization Plan, Downtown
Master Plan, the Wayne county Public School's teacher recruitment efforts and to
encourage home ownership for single family, owner-occupied use.
Click Here
to
download the brochure and learn more about this financial assistance.
Call
Community Development for more information at (919) 580-4316. |
FAÇADE GRANT PROGRAM
DGDC is committed to helping our downtown merchants and property owners secure
both financial and informational assistance in their efforts to restore or
maintain building facades. The purpose of the Façade Grant Program is: To
promote storefront renovation and restoration of commercial buildings in
Downtown Goldsboro; To encourage good design projects and workmanship, and; To
preserve Downtown Goldsboro's unique historic character. Download the
Façade Grant Program Brochure and Application
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PRESERVATION TAX INCENTIVE PROGRAM
Both the Federal and State Government tax laws offer a unique incentive to
taxpayers who contribute to the preservation of this nation's old and historic
buildings. By rehabilitating directly or investing in the rehabilitation of
eligible buildings, taxpayers can take advantage of a two-tier tax credit.
Income producing structures may qualify for up to a 40% tax credit while
residential structures can receive up to a 30% tax credit. Projects must go
through a 3-part "Historic Preservation Certification Application" process at
the state and federal levels, the State Historic Preservation Office and the
National Park Service.
Who may apply? Owners of potential "certified historic
structures" or lessees of potential "certified historic structures" with a lease
term of 27.5 years for residential property and 39 years for non-residential
property. Generally, only buildings listed individually in the National Register
of Historic Places or potentially eligible to be listed or buildings located
within a "registered Historic district are eligible.
For more information about
this valuable incentive, please visit the NC State Historic Preservation office
web site at:
www.hpo.dcr.state.nc.us
and find an icon in the bottom right-hand
corner titled tax credit information. To request an application, you will need
to e-mail one of these staff persons to request one be mailed to you. Several
local investors have successfully completed tax credit applications and programs
and we would be happy to put you in contact with them to help answer any
additional questions you may have. For more information you may also visit
www.ntcicfunds.com
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BUSINESS INCENTIVE GRANT PROGRAM
The purpose of the Business Incentive Grant Program is to a) Stimulate economic
activity downtown, b) Compliment the vision and implementation of the Downtown
Goldsboro Master Plan, c) Meet the market needs of downtown and its surrounding
areas, d) Assist in the recruitment of businesses that benefit and complement
the existing mix of businesses, residences, services and cultural activities
downtown.
For more information and to apply for this program, download the
BROCHURE
,
PRE-APPLICATION
and
APPLICATION
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