Indiana · Geographic / Investment · IN-CRD-001
Community Revitalization Enhancement District Credit
Publication revised September 24, 2026. Sourcebook page 105.
Credit amount / calculation
Credit based on qualified investment under district rules.
Business fit and eligible activity
Qualifying fixed-site investment in a designated district can generate a credit. Qualified investment or approved project activity; confirm eligible property, location and taxpayer type.
Eligibility and practical use
This is the kind of credit that can matter to a capital-intensive mill even when the project adds only a handful of jobs. Logging equipment deserves a separate eligibility check because mobile harvesting property may be treated differently from machinery used at a manufacturing site. Check the approval deadline before signing a purchase order or contract. A binding commitment made too early can disqualify a project. Page
Illustrative business benefit
A sawmill is replacing a headrig and adding scanning, material handling, and electrical controls in a project of roughly $2 million. The credit calculation would be based only on the costs the program recognizes as qualified investment. Before issuing purchase orders, the mill should obtain a written view on whether installation, electrical work, used equipment, and software are included.
Timing / first action
Seek approval before signing a purchase order, contract, lease or other binding commitment. Confirm the exact point at which a purchase order, contract, lease, or other binding commitment would make the project ineligible.
Official sources
- Indiana EDC - Incentives (in.gov)
Related programs
EDGE Credit
Credit based on incremental Indiana payroll withholding over the approved term.
Credit based on incremental Indiana payroll withholding over the approved term.
Hoosier Business Investment Credit
Discretionary credit based on eligible capital investment and project economics; preapproval...
Discretionary credit based on eligible capital investment and project economics; preapproval required.
Research Expense Tax Credit
Regular method: 15% of the first $1 million of qualified research expenses above the base...
Regular method: 15% of the first $1 million of qualified research expenses above the base; 10% of the excess above $1 million.
Clean Electricity Investment Credit (Internal Revenue Code §48E)
Generally 6% base investment credit and up to 30% with prevailing-wage/apprenticeship...
Generally 6% base investment credit and up to 30% with prevailing-wage/apprenticeship compliance, plus possible statutory bonuses.
Clean Electricity Production Credit (Internal Revenue Code §45Y)
Production-based credit beginning at 0.3¢/kWh, with higher rates and bonuses when statutory...
Production-based credit beginning at 0.3¢/kWh, with higher rates and bonuses when statutory conditions are satisfied.
Credit for Increasing Research Activities (Internal Revenue Code §41)
Regular research-credit method or the alternative simplified method. The latter generally...
Regular research-credit method or the alternative simplified method.