Residential
The City of Berlin offers a residential housing incentive program. This program is for new residential construction in the City of Berlin. The program is a 4% rebate based on the assessed value of the new home with a maximum of $5,000 per property.
Residential Housing Application
The City of Berlin partners with Housing and Urban Development (HUD) Community Development Block Grant (CDBG) to offer housing rehabilitation program for community’s ability to conserve, rehabilitate, and improve residential properties occupied by low-to-moderate (LMI) residents.
CDBG Residential Rehabilitation Brochure
United State Department of Agriculture Rural Development:
Business
United Stated Department of Agriculture (USDA) Revolving Loan Fund (RLF)
The Berlin Community Development Corporation administers the USDA-RLF program that offers low interest loans for small emerging businesses in the City of Berlin.
USDA RLF Manual and Application
Department of Administration Community Development Block Grant:
- Economic Development Program– Business loans, specialized training, business infrastructure projects
- Public Facilities Economic Development Program
- Emergency Assistance Program
Wisconsin Economic Development Corporation Funding:
- Business Development Loan Program
- Business Development Tax Credits
- ExporTech
- WEDC Global Network
- Global Business Development Grants
- Enterprise Zone Tax Credit
- Industrial Revenue Bond
- Technology Development Loan Program
- Qualified New Business Venture Program
- Wisconsin Manufacturing and Agriculture Credit
- Workforce Training Grants
United States Department of Agriculture Rural Development
- Business & Industrial Loan Guarantees
- Intermediary Relending Program
- Rural Business Development Grants
- Rural Business Investment Program
- Rural Economic Development Loan & Grant Program
- Rural Microentrepreneur Assistance Program
- Socially-Disadvantaged Group Grants
- Value Added Producer Grants
- Delta Health Care Services Grants
- Rural Cooperative Development Grants
Other Business Funding:
Redevelopment
Wisconsin Economic Development Corporation:
Wisconsin Department of Resources:
Tax Incremental Finance (TIF)
Tax Incremental Finance (TIF) is a financing option that allows a municipality (city, village or town) to fund infrastructure and other improvements, through property tax revenue of newly developed property. A municipality identifies an area, the tax incremental district (TID), as appropriate for a certain type of development. The municipality identifies projects to encourage and facilitate the desired development. Then as property values rise, the municipality uses the property tax paid on that development to pay for the projects. After the project costs are paid, the municipality closes the TID. The municipality, school(s), county, and technical college are able to levy taxes on the value of the new development.
Types of TID:
- Blight
- Rehabilitation
- Conservation
- Industrial
- Mixed-Use
- Environmental Remediation
City of Berlin Tax Increment Districts and Plans
Opportunity Zones
The 2017 Tax Cuts and Jobs Act established Opportunity Zones to spur private investment in distressed communities throughout the U.S. This new Opportunity Zones program will allow investment in some of our nation’s most economically challenged communities through tax incentives. The tax incentives encourage private investment to accelerate economic growth and job creation.