Considering locating or expanding your business in Hood River County? Contact MCEDD at 541-296-2266 to discuss your project and potential incentives through the Cascade Locks-Hood River Enterprise Zone. The Enterprise Zone incentivizes certain business investments through exemption of property taxes normally assessed on new plant and equipment.
- Standard: Three consecutive years of full relief from property taxes on qualified property, after it is in service.
- Construction-in-Process Exemption: Up to two years before qualified property is placed in service
- Extended Abatement: Up to five consecutive years of relief from property taxes on qualified property, after it is in service. See below for further detail on the requirements for extended abatement.
- Long Term (see the state website for information)
IMPORTANT! Before any construction or installation activities begin, you must submit an application for authorization.
Submit completed form to:
Mid-Columbia Economic Development District
802 Chenowith Loop Road
The Dalles, OR 97058
email: Enterprise Zone Staff
fax: (541) 296-3283
Eligible businesses include manufacturers, processors, shippers and a variety of operations that serve other organizations, as well as call centers and headquarter-type facilities. Hotel/resort businesses are eligible in the Cascade Locks-Hood River Enterprise Zone. Retail, construction, financial and certain other defined activities are ineligible.
Criteria for Standard Abatement (three years)
For the basic, three-year enterprise zone exemption period, the business needs to:
- Increase full-time, permanent employment of the firm inside the enterprise zone by the greater of one new job or 10% and maintain minimum employment level during the exemption period;
- Have no concurrent job losses outside the zone boundary inside Oregon;
- Enter into a first-source agreement with local job training providers.
Criteria for Extended Abatement (four or five years)
An eligible business must meet the criteria listed for the standard abatement in addition to the following:
- Compensation of new workers must be at or above 130% of the county average. For cases where the (average) employee wage is compared directly to this figure, the most recent data used by the program is 2018. The figures by county can be found here: EZwage
- There must be local approval by written agreement with the local zone sponsor.
- The business must meet any additional requirements that the local zone sponsor may reasonably request.