With low costs to do business, a predictable tax structure and attractive incentives, property tax exemptions and workforce training grants, it’s no wonder Idaho is one of the up and coming markets in the country to do business. The City of Mountain Home Economic Development office is ready to help you navigate these incentives and bring our state partners to the table to meet your business’s needs. For more information on the state incentives available visit the Idaho Department of Commerce website. Incentives For additional information on workforce training grants visit the Idaho Department of Labor website.
The city of Mountain Home is committed to the promotion of quality development in all parts of the city and to improving the quality of life for its citizens. In order to help meet these goals, the city will consider providing incentives for the retention and/or expansion of existing businesses located within the city and to encourage the establishment of new targeted businesses within the city. It is the policy of the city that such incentives will be provided in accordance with the procedures and criteria outlined in our economic development ordinance. All applicants for economic development incentives will be considered on an individual basis so that the total package of incentives, if any, may be designed specifically for each project which is proposed.
* State statutory requirements regarding public notice, public hearings and timelines for publication and mailing of required notices cannot be altered or waived.
Elmore County has established an ordinance which may exempt all or a part of the change from base value attributable directly to a plant investment for a period of
Those seeking a property tax exemption must meet all requirements of Idaho Code 63-602NN, Section 63-602NN(g). County Tax Exemption Ordinance Incentives Application for Property Tax Exemption
In Idaho, Urban Renewal and related Tax Increment Financing are the most useful tools available for communities to generate employment opportunities and enhance private investment. Approximately 40 communities in Idaho have established an Urban Renewal Agency. Idaho Code has very specific requirements for the start-up, oversight and ongoing reporting by the agencies. Briefly, an Urban Renewal Agency is a quasi-public entity that may help eliminate slum and blight as well as promote economic development through public infrastructure improvements. Urban Renewal Agencies have a maximum life of 24 years. Our agency began in 2005 and will sunset no later than 2029. Visit Us
The Economic Development Office has assisted businesses locate to and expand in Mountain Home by obtaining grants for infrastructure (i.e., roadways, water and sewer, and fiber optics). We also offer small beautification grants to help businesses improve their facades. Contact our office to see what grants may be available to assist you. Idaho Commerce Grant Resources
The DIG-IT Committee (Develop, Improve, Grow-Its Time) offers beautification grants to certain approved projects and improvements to the exterior of buildings in the downtown area to help beautify and revitalize the downtown area as funds are available. The city will pay the owner 49% of the total cost of the project or improvements, or the sum of $500.00, whichever is less. Grants require committee pre-approval. DIG-IT Beautification Grants
