Industrial Tax Exemption Program (ITEP)
Funds property tax abatement for manufacturers on new Louisiana facility investment.
About
The Industrial Tax Exemption Program is Louisiana Economic Development's manufacturing property-tax abatement route. It gives qualifying manufacturers an 80% exemption on ad valorem property tax for new Louisiana facility investment, with the option to extend the initial five-year term for another five years. In practice, it is a long-horizon site-selection tool for industrial capital rather than …
Advanced Manufacturing
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.