State

State Incentives

The California Business Investment Services (CalBIS) Unit is comprised of a team of business development experts and specialists with in-depth insight into available resources, ongoing initiatives, and government programs that provide direct technical and financial assistance to companies that are interested in either locating or expanding in California. Click on the following link and find out how the State of California can provide you the business assistance incentive that best meets your needs.

http://www.business.ca.gov/RelocateExpand/BusinessIncentives.aspx


California New Employment Credit

Jurupa Valley is one of only three targeted pilot regions in the State of California eligible for this program. The New Employment Credit (NEC) is available for each taxable year before January 1, 2021 to a qualified taxpayer that hires a qualified full-time employee on or after January 1, 2014, and pays or incurs qualified wages attributable to work performed by the qualified full-time employee in a designated census tract or economic development area.

Get the facts at:

https://www.ftb.ca.gov/online/New_Employment_Credit_Reservation/index.shtml

Eligible Area Map:

http://maps.gis.ca.gov/gobiz/dga/default.aspx

California Infrastructure Bank Lending Program

See what the California Infrastructure & Economic Development Bank can provide you with long-term, lower-rate, financing options for your business. You need to partner with the City so brings us your proposal and lets talk.

http://www.ibank.ca.gov/infrastructure_loans.htm

Cap and Trade Funds - Affordable Housing and Sustainable COmmunities (AHSC) Program

Grants from California Strategic Growth Council for affordable housing and TOD projects that result in reduction of greenhouse gas emissions and vehicle miles traveled.

2015 Notice of Funding Availability (NOFA) : http://www.hcd.ca.gov/fa/ahsc/docs/AHSC-NOFA-013015.pdf

Final Program Guidelines: http://www.sgc.ca.gov/docs/AHSC_FINAL_GUIDELINES.pdf