Page last updated on April 6, 2023 at 2:30 pm
Bloomington Trades District
The Trades District is at the heart of the 65-acre Certified Technology Park in downtown Bloomington that is home to several high-tech businesses.
Bloomington Entertainment and Arts District (BEAD)
Located in the heart of downtown, BEAD anchors Bloomington's arts, culture, and entertainment.
Bloomington Urban Enterprise Zone
The Enterprise Zone operates in accordance with Indiana State Code and has created or retained hundreds of jobs and spurred millions of dollar in increased investment.
Community Redevelopment Economic Districts (CRED)
The districts allow the City of Bloomington to capture increased sales and income tax dollars generated by new business investment within the area and to use the funds for economic development purposes within the District.
Tax Increment Financing
Tax Increment Financing (TIF) is a type of financing that permits local governments to finance the redevelopment of blighted areas and the economic development of rapidly developing areas.