• Waiver of Construction Permit Fees

In an effort to re-develop and beautify the Shreveport downtown and riverfront areas, the City of Shreveport has waived all permit fees incidental to the rehabilitation or renovation including any repairs, alterations, or additions of buildings and structures located within the Downtown Development District (DDD). Qualifying buildings and structures must have been constructed prior to 1960. This waiver applies only to the Downtown Development District and does not exempt the applicant from obtaining all required permits, approvals, plans review, and inspections as required by applicable provisions of the Shreveport City Code.

• Economic Development Initiative Loan Program

The Economic Development Initiative (EDI) Loan Program assists eligible businesses with funding up to $300,000 for acquisition, new construction, equipment and/or working capital financing. The main goal of the EDI Loan Program is to increase access to capital and credit for businesses and entrepreneurs, and to provide employment and business opportunities for individuals from low-to-moderate income households.

• Brownfields Revolving Loan Program

The City of Shreveport has received a Brownfields Revolving Loan Fund Grant from the United States Environmental Protection Agency. The Grant is to offer low interest loans to help remediate contaminated properties in Shreveport.

• Digital Interactive Media and Software Incentives

The Digital Interactive Media and Software Incentive provides a tax credit of 25% of qualified production expenditures for state-certified digital interactive productions in Louisiana and 35% tax credit for payroll expenditures for Louisiana residents.

• Motion Picture Investor Tax Credit

A 30% transferable tax credit on total in-state expenditures, including resident and non-resident labor, with no cap and a minimum spending requirement of $300,000. For productions using in-state labor, Louisiana offers an additional 5% payroll tax credit.

• Musical and Theatrical Production Tax Incentive

A 25% to 35% tax incentive for musical and theatrical productions and qualified infrastructure projects.

• Sound Recording Investor Tax Credit

A 25% tax credit for sound recording projects made in the State of Louisiana.

• LED FastStart

One of the nation’s best state workforce training programs.  Provides customized employee recruitment, screening, training development and training delivery for eligible, new or expanding companies – all at no cost.

• Angel Investor Tax Credit

Provides a 35% tax credit on investments by accredited investors who invest in businesses certified by Louisiana Economic Development.

• Enterprise Zone

A jobs incentive program that provides Louisiana income and franchise tax credits to a new or existing business located in Louisiana creating permanent net new full-time jobs, and hiring at least 35% of those net new jobs from one of four targeted groups.

• Quality Jobs Program

Provides a cash rebate to companies that create well-paid jobs and promote economic development.

• Industrial Tax Exemption

Abates, up to ten years, local property taxes (Ad Valorem) on a manufacturer’s new investment and annual capitalized additions related to the manufacturing site.

• Modernization Tax Credit*

Provides a one-time refundable tax credit of up to 5% of qualified capital expenditures for existing Louisiana manufacturers making at least $5 million in improvements to an existing Louisiana manufacturing facility.

• Ports Tax Credit*

The Ports of Louisiana Investor Tax Credits Program is a tax incentive program to promote investment and use of Louisiana ports.

• Restoration Tax Abatement

Provides five-year abatement of the ad valorem property taxes on the renovations and improvements of existing commercial structures and owner-occupied residences.

• Research and Development Tax Credit

Provides up to a 40% tax credit on qualified research expenditures incurred in Louisiana.

• Technology Commercialization Credit and Jobs Program

Provides a 40% refundable tax credit for companies that invest in the commercialization of Louisiana technology and a 6% payroll rebate for the creation of new, direct jobs.

• Louisiana Cultural Districts Program

The Louisiana Cultural Districts Program was created to spark community revitalization based on cultural activity though tax incentives.  The program initially waived sales taxes on original art created in a cultural district, including paintings, drawings, photographs, video productions and wearable art, but that incentive has been suspended by the Louisiana Legislature at present. Contributing historic buildings in a Cultural District are also potentially eligible for state historic tax credits.

• Federal Rehabilitation 20% Tax Credit

Available for properties certified as a historic building in the Downtown Shreveport Historic District or individually listed on the National Register of Historic Places. 20% credit is applicable to renovations and includes labor, materials and architects/engineers fees).

• State Historic Commercial 20% Tax Credit

Available for properties in the Downtown Development District used for an income-producing purpose. The credit is calculated at up to 20% of the eligible renovation cost. Minimum eligible expenses must exceed $10,000. The tax is capped at $5 million per tax payer in a DDD. Tax credit can be carried forward for 5 years or sold to a third party. Rehabilitation must meet the Secretary of the Interior’s Standards for Rehabilitation.

• Restoration Tax Abatement

Freezes property taxes at the base level before improvements, renovations or additions are made for a period of five years with a renewal opportunity for an additional five years. The RTA can be used in combination with the Federal Historic Preservation Tax Credit and the State Historic Preservation Tax Credit.  Can be used for both commercial structures and owner-occupied, private homes.