LEADERSHIP

 INCENTIVES 

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.

 

TIF District

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

Alexander - Cairo Port District

PO Box 591
1100 Commercial Avenue
Cairo, Illinois 62914

Phone: 618-734-3200

© 2018 by Alexander Cairo Port District. This website was funded by a grant from the Rauner Family Foundaton