Tuesday, February 26, 2019

State Economic Development Board Approves $750,000 in Tax Incentives for Dupaco's HQ

The Iowa Economic Development Authority board members voted unanimously on February 22 to award up to $750,000 in tax incentives to Dupaco Community Credit Union (Dubuque, IA).

The tax benefits are associated with Dupaco Community Credit Union's headquarters project.

In January 2019, the Dubuque City Council members approved a development agreement that included 15 years of tax-increment financing rebates totaling $5.2 million. Initial estimates of the tax-increment financing rebates were $2 million.

Read the story.

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