Smyrna Local Incentives
Revolving Loan Fund
- Funding for loan pool from Rural Economic Development Loan/Grant program.
Discounts of Electric Utility Charges for Qualifying Projects
- Metered electric utility charges are discounted by 50% for six months for qualifying projects.
Impact Fees
- Full waiver of impact fees (sewer and water, storm drainage, street lights, signage, street maintenance, police protection, code enforcement, and general administrative).
Cap on Permit Fees for Qualifying Projects
- Sliding scale permit fee caps for qualifying projects (cap of $1,129).
Waiver of Town Taxes, Charges and Fees
- Council may waive property taxes, impact fees, permit fees and/or monthly metered electric utility charge.
Technical Assistance
- Business consulting services made available by the Town to businesses.
Adoption of a Vacancy Treatment
- Town will assist in finding tenants and/or applying attractive vacancy treatment to “reactivate” space.
Facade Improvement Matching Grant Program
- Matching grant for facade improvements. Grants capped at $5,000.
Website: Town of Smyrna
Phone: (302) 653-3486
