City of Chamblee, GA

01/27/2022 | News release | Distributed by Public on 01/27/2022 17:26

New Tax Incentive Strategy Approved

The Chamblee City Council and the Chamblee Downtown Development Authority (CDDA) have each unanimously voted to approve a new Tax Incentive Strategy that provides guidelines for the use of incentives designed to encourage the creation of jobs, housing diversity, historic preservation and more.

Strategic guidelines for the consideration of property tax incentives, as outlined in the Tax Incentive Strategy, provide clarity on the types of projects the CDDA would consider incentivizing while increasing accountability, ensuring fairness in the decision-making process, streamlining the application, and establishing high standards for projects. Projects requesting a tax incentive must demonstrate a substantial positive community benefit and are examined on a case-by-case basis to ensure they meet the city's vision.

The tax incentive strategy is reflective of the priorities established in the City of Chamblee's economic development strategic plan. The priorities are subject to adjustment based on changing economic conditions and the strategy will be periodically evaluated to ensure it reflects the city's goals. These priorities are:

  • Creation of Jobs
  • Housing Diversity
  • Public Infrastructure Investment
  • Historic Preservation
  • New Concepts or Catalyst Projects
  • Environmental Conditions and Sustainability

The Tax Incentive Strategy is available on the city's website (https://www.chambleega.com/358/Downtown-Development-Authority), as well as on the Chamblee DDA's website. For any questions or comments, contact Laura Linman, Economic Development Director, at [email protected].