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Enterprise Zones A Great Marketing Tool


It’s an effort to bring jobs to Central Oregon through the Enterprise Zone Program. Facebook near Prineville and T-Mobile in Redmond used the incentive of Enterprise Zones in their decision. State Representative Jason Conger of Bend says the program waives property taxes for the business for at least 3 years as long as the business is creating a certain number of new jobs. "This is actually a very cheap way to create jobs. The average cost all over the State for Enterprise Zones per jobs is a little over $3000 per job. So it's very inexpensive compared to other ways, for economic development for businesses to locate here." The Enterprise Zone Program was due to expire soon, so Conger is pushing a bill that will extend the sunset date to 2023. Conger says the Bill, 34-94, has received a lot of support so far.

 

 

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