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"E-Community" tax credits coming to Emporia

Local businesses hoping to make improvements can take advantage of a special tax credit program through Emporia Main Street and NetWork Kansas.

Main Street Director Casey Woods says Emporia's new status as an "E-Community" will lead to permanent revolving loan fund through the sale of tax credits.

Woods expects this will help spur interest in the tax credits -- and thus help businesses expand and grow.

Woods says the ongoing partnership with NetWork Kansas has helped local businesses through the Startup Kansas initiative, which included the Incentives Without Walls and Trusler Zero-Interest loan programs. However, those steps didn't meet the need -- so Main Street pushed for Emporia to become a so-called "E-community," meaning more loan funds can be developed.

Emporia now has $75,000 worth of tax credits at its disposal. For information, go online to www.emporiamainstreet.com or call 340-6430.

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