Economic Development
Why Washington?
- A Downtown Square tax increment financing (TIF) district offers renovation and improvement subsidies.
- A citywide Enterprise Zone offering 100% property tax abatement through 2030, plus sales tax waivers, tax credits, and other incentives.
- A Revolving Loan Fund offers low-interest loans for non-construction improvements to help grow a business.
- Existing retail and business spaces are available in multiple shopping centers and plazas throughout town. Dozens of acres of developable commercial property with full public utilities are also available.
- A 50% reduction of all building and zoning fees, and utility connection fees, for properties in the Enterprise Zone.
- No public site plan review process – most development plans for new commercial construction is reviewed internally by City staff with a quick turnaround time.
Economic Development Commission Members:
- Elizabeth Heider
- Kristi Howell
- Brad Mahoney
- Randy McGuire
- Barb Plata
- Troy Reed
- Lisa Uphoff
Agendas
Contact Us
Jon Oliphant,
Planning & Development Director
Planning & Development Director
- Business: (309) 444-3196
- Staff Directory
- Hours: M - F 8:00 a.m. - 5:00 p.m.