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Business Incentive Zones COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency 6F Business Incentive Zones Riverside County California Business Incentive Zones Riverside County is a strategic location for business because of the many incentive zones throughout the county, the diverse and accessible transportation network and the high quality of life. Businesses can profit from advantageous tax-credit and rebate incentives and low-interest loans offered in Riverside County's five redevelopment project areas, a State Enterprise Zone and two Recycling Market Development Zones. The reasonable cost of living and an attractive quality of life in Riverside County mean it's easier to retain a valuable workforce at highly competitive rates. A county government that is business friendly and a location that is central to all Southern California markets makes Riverside County an excellent choice for a business move. Recycling Market Development Zones (RMDZ) The Recycling Market Development Zones strive to attract businesses using recycled materials in their manufacturing process. The state has established a low-interest rate revolving loan fund which may be used for land acquisition, leasehold improvements, equipment purchases, and working capital for up to 75 percent of the project cost to a maximum of $2 million. Page 1 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency Manufacturers Grow Your Business by Using Free RMDZ Services! There are so many reasons to live, work, and do business in California: the climate, the ocean, the cities, mountains, and desert...and of course, the people. If your company manufactures with recycled materials, you have another good reason to be a California business. The California Recycling Market Development Zone (RMDZ) Program provides attractive loans and other incentives to eligible businesses that locate in designated areas throughout the state. Recycling Market Development Zones are for businesses that manufacture products using materials that would normally end up at the landfill. The company must be located in one of the specially designated geographical zones throughout California. Companies that manufacture with these materials have found that it is less expensive and that products are just as high quality, if not higher, than when using raw materials. Depending on your needs and which zone you are located in, there are many ways that the RMDZ program can assist your business: Locating manufacturing materials (feedstock) Streamlined permitting Site location An attractive loan program Finding markets for products Providing current market conditions/trends Evaluating technology and equipment Providing geographical data on demographics, waste streams, and economics Marketing products for free via the Recycle Store For more information, search for a Recycling Market Development Zone and contact the zone’s administrator (see below). On the California Business Portal site, you can also Page 2 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency learn about establishing a business in California, including matters related to business permits, licensing, and registration. Riverside County Recycling Market Development Zones Riverside County RMDZ: http://www.calrecycle.ca.gov/rmdz/Riverside/Default.asp Agua Mansa RMDZ: http://www.calrecycle.ca.gov/rmdz/AguaMansa/ Riverside County Economic Development Agency 3499 10th Street, Ste. 100 Riverside, CA 92501 Phone: 951-955-8916 Page 3 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency Redevelopment Project Areas Riverside County has five redevelopment project areas including 37 sub-areas that encompass 61,016 acres throughout the county. The Redevelopment Agency utilizes tax increment and bond proceeds to finance public improvements, business assistance and housing in accordance with California Redevelopment Law. Businesses located within the project areas may qualify for construction of public improvements, tax rebates and fee assistance. In addition, the Agency provides assistance to improve, preserve and increase the supply of housing that is affordable to low- and moderate- income persons in all unincorporated areas of the county. The redevelopment project areas offer a variety of opportunities for industrial, commercial, aviation and residential development, as follows: Project Area 1-1986 . Home Gardens . Murrieta . Lakeland Village . Wild Omar . El Cerrito . Temescal Jurupa Valley Project Area . Jurupa . Mira Loma . Rubidoux . Pedley . Glen Avon Mid-County Project Area . Garnet . Homeland/Green Acres Page 4 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency . Valle Vista . Winchester . West Garnet . Hemet . San Jacinto Valley . Cabazon Desert Communities . East Blythe . Mecca . North Shore . Palm Desert Country Club . Ripley . Thermal . Thousand Palms . French Valley Airport . Hemet-Ryan Airport . Flabob Airport . Blythe Airport . Desert Center Airport . Chiriaco Summit Airport . Jacqueline Cochran Regional Airport . Desert Center . Lake Tamarisk I-215 Corridor . Highgrove . Lakeview . Mead Valley . Romoland Page 5 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency Page 6 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency Redevelopment Programs One of the primary objectives of the Redevelopment Agency is to improve public infrastructure and construct public facilities to make communities a great place to live in. The Redevelopment Agency offers the following programs: Demolition Grant Program The Economic Development Agency started this program in response to property owners who require assistance with the demolition of dilapidated structures on private property. In order to eliminate blighting conditions and facilitate the redevelopment of properties, the Redevelopment Agency Demolition Grant Program provides a grant of up to $75,000 to property owners to abate existing dilapidated structures within the redevelopment project areas. Funding is available on a first come first served basis. For more information or an application please call (951)955-8916. Façade Improvement Program The Facade Improvement Program is a discretionary incentive program designed to improve the exterior elements of existing businesses located within the County’s Redevelopment Project Areas. Get up to a maximum of $125,000 to enhance the appearance of your commercial building, which includes: . Up to $25,000 Forgivable Loan for architectural services . Up to $100,000 for construction costs of the improvements Improvement Priorities: . Building . Landscaping . Signage Page 7 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency To find out more information about project area boundaries and program guidelines, please call (951) 955-0911 or visit our website at http://www.rivcoeda.org and look for Façade Improvement Program under the Redevelopment Department. * Your building must be located in a Redevelopment Project Area to be eligible. Graffiti Abatement Program The Graffiti Abatement Program provides graffiti abatement services to all unincorporated communities of Riverside County. The program consists of a fleet of four graffiti abatement vehicles staffed with one painter and painter assistant on each vehicle. Three graffiti abatement vehicles remove graffiti from Western Riverside County and one graffiti abatement vehicle is dedicated to removing graffiti from Eastern Riverside County communities. The program also utilizes two graffiti abatement contractors to accommodate overflow work orders and maintain efficient turnaround times. Extensive community input is essential to the success of the program. A large majority of graffiti work orders are generated through residents reporting the graffiti. The Graffiti Busters program provides color matching capabilities and an average turnaround time of one business day. Graffiti can be reported through the graffiti abatement hotline at 951.955.3333 or 866.732.1444 (toll free) and/or by visiting www.rcgraffitibusters.com. Page 8 of 16 3499 10 th Street, Suite 100 ● Riverside, CA 92501 ● 951.955.8916 ● 951.955.2159 FAX ● www.rivcoeda.org COUNTY OF RIVERSIDE BUSINESS RESOURCE GUIDE Economic Development Agency March Air Reserve Base Redevelopment The realignment of March Air Force Base is opening up new opportunities for business development. The March Joint Powers Authority (JPA), comprised of representatives from the local jurisdictions of the cities of Riverside, Moreno Valley, and Perris and the County of Riverside, is planning reuse and joint use at March Air Reserve Base in western Riverside County. The March JPA is finalizing its redevelopment plans which will include new business development. Additional information on each of the redevelopment
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