TAX INCENTIVES

In Alabama companies are eligible to apply for grants, loans, and other assistance programs available through federal, state, and local government sources. Additional programs are funded by private providers, such as local foundations. The City of Elba may be able to assist businesses in site preparation, infrastructure projects, and project financing. For more information about the available assistance programs, contact the City of Elba at (334) 897-2333.

Industrial Revenue Bonds (IRBs)

  • Administered by local economic development organizations

  • Available for qualifying new and expanding companies

  • Can be used for land, building, and equipment purchases

  • Have lower interest rates and offer tax benefits

Revolving Loan Funds

  • State program

  • Administered through local economic development organizations.

  • Provides gap financing for qualifying new and expanding industries that are creating new permanent jobs

  • Can be used for land, building, and equipment purchases, as well as working capital

ELBA CHAMBER OF COMMERCE

  • Facebook Social Icon

MAIN STREET ELBA

  • Facebook Social Icon

ELBA PUBLIC LIBRARY

  • Facebook Social Icon

ELBA RECREATION DEPARTMENT

  • Facebook Social Icon