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Local Incentives
Expedited Development and Permit Application Process: The Planning and Zoning and Community Improvement Departments offer expedited permit process for qualifying businesses. A Qualifying Business will be one that is expanding operations, relocationg or establishing a new business within the City and that is expected to generate a minimum of twenty-five (25) new full-time positions within the first two (2) years of operation within the following industry clusters:
The full-time positions shall meet the definition of and be value-added employment (average salary at least 10% higher than current per capita income levels in Palm Beach County). CRA District Incentives: The Delray Beach CRA has implemented the following Incentive Programs as of May 1st, 2010: 1. Job Creation Bonus (JCB) Incentive Program: New or existing non-retail businesses in the City's CRA District may be eligible for an incentive known as the Job Creation Bonus (JCB) Program. The applicant must generate a minimum value of five (5) new or relocated qualifying jobs whose annual wages equal or exceed 115% of the County's Average Annual Wage. Annual Wages exclude commission and tips. This incentive program is a grant contribution program that is paid out over a five-year period, in equal installments. The amount of the total grant contributed by the CRA to a project is based upon the qualifying jobs generated by the project, according to the following criteria:
To download a copy of the JCB program guidelines visit the Delray Beach CRA website, www.delraycra.org 2. Relocation and Development Incentive Program: Non-retail businesses relocating to the City of Delray Beach Community Redevelpment Area (CRA) may be eligible for an incentive know as the Relocation and Development Incentive (RDI) Program. Qualifying applicants shall bring a minimum of twenty-five (25) jobs whose wages equal to or exceed 115% of the County's Average Wage. The incentive program is a grant contribution that is paid out within 90 days after a business has relocated or moved to the CRA District and the qualifying jobs are in place. The amount of grant contribution is based on the company's relocation costs. The CRA would provide a grant equal to twenty percent (20%) of the relocation costs, up to $50,000. To download a copy of the RDI program guidelines visit the Delray Beach CRA website, www.delraycra.org For a Delray Beach CRA District Map, click here.
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