The City of Monroe supports the appropriate use of incentives and location assistance for qualified projects. Most of the City's undevelopment industrial land is eligible for a real property tax abatement under the City's Community Reinvestment Area (CRA) program.  In most areas, projects must meet payroll, investment, and aesthetic standards to be considered for an abatement.  However, Park North at Monroe is a 429 acre industrial park with available pad-ready sites that has an automatic 100%, 15 year tax abatement already in place. 

The City of Monroe encourages site selectors and prospects to work with REDI Cincinnati (Regional Economic Development Initiative, a JobsOhio network partner) and the applicable County port authority to evaluate all possible incentives for potential incoming businesses.  As our development partners, REDI and the port authorities work with the City to assist businesses with evaluating the competitiveness of our location and making the decision to locate in this region. 

REDI Cincinnati is a JobsOhio network partner.  They are the first point of contact for State incentives that will ultimately be granted through JobsOhio and/or the Ohio Development Services Agency (ODSA, formerly ODOD).  The possible incentives include Job Creation Tax Credits (JCTC), state development grants, workforce training assistance, and bond financing through the Ohio Enteprise Bond Fund.

Because the City covers two counties, our businesses are served by two port authorities.  Both the Butler County Port Authority (BCPA) and Warren County Port Authority (WCPA) are able to provide bond financing and a sales tax exemption on qualified building materials.  In addition, port authorities are able to engage in sale-leaseback situations to reduce building costs for the company.  The Butler County Port Authority has recently undertaken several major projects in the region with a focus on bond-financing.  The Warren County Port Authority has completed several infrastructure and building development projects in the City of Monroe around the I-75 interchange.