Five Great Financial Reasons to Locate in Downtown Jackson, Tennessee!
Jackson Downtown Development Corporation (JDDC)
JDDC is a non-profit corporation designed to guide the revitalization efforts of historic downtown Jackson through comprehensive promotional campaigns and strategic economic restructuring initiatives. JDDC is a strong advocate for all businesses and properties located in downtown Jackson and proudly maintains Jackson's status as a certified Main Street community. JDDC offers a variety of redevelopment resources and investment incentives in order to improve the economic vitality of downtown Jackson.
Low Interest Loans
The low interest loan program assists Jackson Downtown Development Corporation members in renovating downtown buildings. Five local financial institutions participate in the program and offer a floating rate of 1% below prime to those who are approved.
National Historic Register Tax Credit
Owners of properties listed in the National Register may be eligible for a 20% investment tax credit for the certified rehabilitation of income-producing certified historic structures such as commercial, industrial, or rental residential buildings.
Revenue Finance Corporation PILOT Program
The Payment-In-Lieu-of-Taxes (PILOT) program offers a tax freeze to new, expansion or renovation projects approved by the RFC Board of Directors. Upon approval, property taxes are frozen at the current value of the property for up to ten years.
10% Federal Income Tax Credit
The 10% rehabilitation tax credit is available for the rehabilitation of non-historic buildings placed in service before 1936 and applies only to buildings rehabilitated for non-residential uses.
Low Interest Loans 
National Historic Register Tax Credit 
Revenue Finance Corporation PILOT Program 
10% Federal Income Tax Credit 
