Cairo Economic Development can customize a package of incentives to suit your industry and make relocating as attractive as possible.
There are a number of different incentives for development in Cairo at both the state and federal levels. If you're thinking of locating your operations in our area, let us help match your business with the programs that will make your decision even more beneficial.
The City of Cairo, a community of approximately 2,800 residents located at the southern-most tip of Illinois, offers assistance through Tax Increment Financing (TIF). The TIF District
encompasses an area bounded on the West by U.S. Hwy. 51, on the East by the Ohio River,
the City limits to the North, and Second Street to the South.
Tax Increment Financing is a development tool designed to help finance certain eligible
improvements to property in designated redevelopment areas (TIF districts) by utilizing the new, or incremental, tax revenues generated by the project after completion. It is the policy of the
City to consider the judicious use of Tl F for those projects which demonstrate a substantial and significant public benefit by constructing public improvements in support of developments that will create new jobs, retain existing jobs, eliminate blight, strengthen the economic base of the City, increase property values and tax revenues, create economic stability, and stabilize and
upgrade existing neighborhoods and commercial/industrial areas. Priority will be given to
projects that meet these goals.
Alexander County Enterprise Zone