Clinch County No Longer A Bottom 40 Least Developed Georgia Community
Posted on February 6th, 2015

HOMERVILLE, Ga—Clinch County is no longer considered one of the bottom 40 least developed communities in the state of Georgia. Improvements on indicators used by the Georgia Department of Community Affairs to rank all Georgia counties resulted in Clinch moving rankings to 111th in 2015 versus 140th in 2014. Indicators include unemployment rate for the most recent 36-month period, per capita income for the most recent 36-month period and percentage of residents whose incomes are below the poverty level according to the most recent data available.

The rankings are used to determine which communities are most in need of State tax credits for business development. Clinch remains a Tier One community which means the $3500 job tax credit for the creation of two or more jobs is still available in the strategic sectors of manufacturing, warehousing and distribution, processing, telecommunications, broadcasting, and research and development. An additional $500 job tax credit is available because of the Clinch County Development Authority’s participation in the South Regional Joint Development Authority.  If a business is adding jobs, but is not in one of the strategic sectors, it may be eligible to claim the credit this year by filing a Notice of Intent by February 15. In addition to adding two or more full-time jobs, wage requirements and other conditions must be met to qualify for the tax credit.

For more information on the job tax credit and filing a notice of intent, contact ReKasa Hart at 912-487-6572 or rhart@growclinch.com.

Source:
http://www.dca.ga.gov/economic/TaxCredits/programs/taxcredit..asp


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