Discretionary Incentives

Sample Discretionary Incentives

Accelerated Permitting

An accelerated timeline for obtaining necessary permits may be arranged based upon project scope.

Occupational Tax Abatement

The City of Fayetteville may offer up to a 5-year abatement on the City's occupational tax collection, which abates 50% in year 1 and declines by 10% each year.

Local Job Creation Grant

To encourage new and expanding businesses to hire from the local workforce, the City of Fayetteville, through the Fayette County Development Authority, offers a Local Jobs Creation Grant Program. Under this program, the company must hire a minimum of 5 full-time employees with proof of Fayette County residency, and with an annual salary above the average wage for Fayette County. Per the Quarterly Census of Employment and Wages (QCEW) for Q4 2018, the average weekly wage in Fayette County is $908. Thus, jobs must pay at or above $43,584 annually. Job Creation Grants may range from $500 to $1500 per qualifying job, based on total number of jobs created, and community impact.

Tax Allocation District

The City of Fayetteville has 1 tax allocation district (TAD) along the Georgia Highway 85 Corridor and parts of downtown (See TAD Map [PDF]). TADs are a form of tax increment financing used to provide funds for specific public or private infrastructure projects. Requests for use of TAD funds for projects within the TAD boundary can be noted in the application for Fayetteville Economic Development Incentives, and will require a 3rd party analysis of future tax revenue generated from the project.

Property Tax Abatement

New businesses locating to or expanding in Fayetteville may be eligible for property tax savings for a negotiated time period based on the company's job creation and wages, and capital investment. The Fayette County Development Authority manages the property tax abatement incentive.

Facade Improvement Program

The Fayetteville Downtown Development Authority (DDA) created the Façade Improvement Program to encourage meaningful exterior improvements to historic properties and promote economic development in the DDA district. The reimbursable matching grant is designed to preserve and restore historic properties and encourage projects that are compatible with the Downtown's historic character. Grant money is awarded on a matching basis for eligible expenses, which include exterior building renovations or expansions and pedestrian improvements.

The matching grants are provided on a 1-to-1 basis up to $5,000 for fees related to architecture, engineering, construction, landscape design, and other professional services. Please contact Brian Wismer, Downtown Development Director, for more information.

Downtown Development Authority Facade Grant Brochure (PDF)

Downtown Development Authority Facade Grant Application (PDF)

For more information on incentives, please email Brian Wismer.