Commercial Incentives

Commercial development incentives are a set of policies that encourage economic development in the form of job creation and capital investment. The following commercial incentives provide the DIA and the City of Jacksonville the tools necessary to continue to attract quality development projects Downtown. It is critical to note that in any given year any local, state, and federal program may be underfunded or discontinued.

DIA Incentive Programs

Commercial Incentives

• DIA Commercial Revitalization Program (CRP)
• DIA Code Compliance Support Program
• DIA Sale-Leaseback Incentive

Retail/Restaurant Incentives

• DIA Retail Enhancement Grant Program
• Food & Beverage Retail Enhancement Program (FAB-REP)
• Waterfront Restaurant Program​
• Sidewalk Enhancement Grant Program

• Targeted Hotel REV Grant

• DIA Downtown Preservation and Revitalization Program
• DIA Downtown Historic Preservation and Revitalization Trust Fund

• Storefront Facade Grant Program

City of Jacksonville Incentive Programs

• COJ Recapture Enhanced Value Grant (REV) | pg. 8
• COJ Industrial Revenue Bonds (IRB) | pg. 10
• Quick Action Closing Fund | pg. 15
• Florida Flex Grant Prograsm (FKA: Quick Response Training Program) | pg. 17
• COJ Tax Increment District (TID) Infrastructure Development | pg. 27
• COJ Business Infrastructure Grant/Loan (BIG) | pg. 29
• COJ Large Scale Economic Development Fund | pg. 30
• COJ Small Business Development Initiative (SBDI) | pg. 31

State of Florida Incentive Programs

• Economic Development Transportation Fund (EDFT)
• Capital Investment Tax Credit (CITC)
• High Impact Performance Incentive Grant (HIPI)
• Qualified Target Industry Tax Refund (QTI)
• Innovation Incentive Program
• Qualified Defense & Space Contractor Tax Refund (QDSC)
• Sales and Tax Use Exemptions on Machinery and Equipment
• Sales Tax Exemption on Electricity Used in Manufacturing Process
• Work Opportunity Tax Credit (WOTC) 
• New Markets Tax Credits (New Market Tax Credits Map)
• Historic Rehabilitation Tax Credit
• Low-Income Housing Tax Credit Program (LIHTC)
• Mortgage Revenue Bonds for Rental Housing

Additional Opportunities

• Opportunity Zone (Downtown Opportunity Zone Map)