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 are reviewed internally by City staff with a quick turnaround time.

Information regarding the Economic Development Commission can be found in the City of Washington Municipal Code through the following link:

Economic Development Commission Municipal Code

To view current board members and/or to apply for a vacancy, please visit the new Boards and Commissions Portal through the following link:

Boards and Commissions Portal