Tax Incentives

Businesses in the City of Harlem are eligible for participation in two programs.

Military Zone

Harlem’s census tract is designated as a Military Zone, meaning that businesses that create at least 2 new jobs are entitled to a $3,500 per job tax credit for each new job created.   This is the maximum Job Tax Credit allowed under law.  The Military Zone credit can be claimed by any business of any nature.

For more information, please consult with your accountant or contact the Georgia Department of Community Affairs at (404) 679-1585.

Employment Incentive Program – Revolving Loan Fund

The Revolving Loan fund provides up to $150,000 in funding for business that create new jobs for low-to-moderate income individuals.  These funds can be used for building new facilities, upgrading existing facilities, purchasing equipment, or extension of utilities.  As you might imagine, a number of restrictions apply.  If you think you might qualify for this loan program, please contact the City Manager at (706) 556-0043.