Economic Development and Tax Incentives


Our firm is unsurpassed at helping governmental and private sector clients pursue both traditional economic development options and innovative tools, such as federal tax credits and other federal stimulus funding, to finance commercial, industrial, retail, mixed-use, and other business expansion projects. Our lawyers offer advice on tax increment financing (TIF), economic improvement districts (EID), tax abatement, and other development incentives, and often work to advance client interests in legislative matters involving economic development and property tax issues. The strong working relationships we have built with financial institutions, state and local economic development professionals, and various urban enterprise zone associations help many clients realize the benefits to the federal, state, and local incentives.

Because our firm understands the full implications of tax-exempt and incentive financing, we can handle all the legal, tax and business issues to help governmental, non-profit, and private sector clients make the most of available funding options.  Krieg DeVault offers extensive services in the areas of tax credits and incentives counsel, including:


  • Tax Incentives
    • New Markets Tax Credits (NMTC)
    • Low-Income Housing Tax Credits (LIHTC)
    • Historic Rehabilitation Tax Credits
    • Production Tax Credits for Renewable Energy
    • Alternative Energy Project Tax Credits
    • Department of Energy Loan Guarantees
    • Tax Abatement
    • Tax Increment Financing
    • Economic Improvement Districts
    • Community Revitalization Enhancement District Tax Credits (CRED)
    • Economic Development for a Growing Economy Tax Credit (EDGE)
    • Hoosier Business Investment Tax Credit Program (HBITC)
    • Headquarters Relocation Tax Credit
    • Industrial Recovery Tax Credit
    • Media Production Sales Tax Exemption
    • Skills Enhancement Fund
    • Technology Enhancement Certification for Hoosiers
    • 21st Century Research and Technology Fund
    • Industrial Development Grant Fund
    • Small Business Innovation Research Initiative (SBIR/STTR)
    • Training Acceleration Grant (TAG)
    • Tax-Exempt Bond Programs
    • Loan Guaranty Program
    • Capital Access Program
    • Certified Tech Parks