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The principal services of the California
Economic Development Partnership are directed at improving the
economic condition of Low-Income Communities and Low-Income Persons
by encouraging investment.
Federal Tax Credits
The California Economic Development Partnership can award
qualified investors a transferable federal tax credit equal to 39%
of the investment. The Partnership can arrange for the sale of the
credits where desired.
State Tax Credits & Abatement
The California Economic Development Partnership can negotiate
discretionary state tax credits and abatements based upon
investment. In some States, there are transferable tax
credits for as much as 100% of the
investment.
Training Grants & Funding
The California Economic Development Partnership can assist
companies in obtaining discretionary grants and other funding for
job skills training for both existing employees and new
hires.
Capital Grants
The California
Economic Development Partnership can assist companies in obtaining
grants to reduce the cost of investment
Working Capital Grants and Low Interest
Loans
The California Economic Development
Partnership can assist companies in obtaining grants and low
interest loans to reduce the cost of an investor's debt
service
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