Incentives

Our dedicated staff of economic development professionals are committed to providing you with excellent customer service so your business can find success in Woodland. Our team can assist you with site selection, talent acquisition, expedited permits, and tailored incentives. For more information contact us:

Email: cdd-economicdev@cityofwoodland.org

Phone: 530-661-5886


LOCAL INCENTIVES


Development Impact Fee Deferral Program

The programs allow developers/homebuilders to pay a small portion of development impact fees at building permit, and defer or delay paying the remainder of the fees until a later date. Development Impact Fees are fees collected at building permit issuance to fund a variety of major public facilities such as road, transit, sewer, drainage, water supply, library and park improvements.

 

Related Documents

  1. Development Impact Fee Deferral Program Application (PDF)
  2. Development Impact Fee Deferral Program Guidelines (PDF)
  3. Development Impact Fee Package Impact Fees (PDF)

 

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STATE LEVEL INCENTIVES

Small Business Loan Guarantee Program 

IBank’s Small Business Finance Center features a loan guarantee program designed to assist small businesses that experience capital access barriers. The Small Business Loan Guarantee program encourages lenders to provide funds to small businesses to help them grow and prosper. The Small Business Loan Guarantee program is available to small businesses throughout the state of California and serves hundreds of small businesses each year.

Eligible applicants include small businesses with 1-750 employees. Credit qualifications are based on lender criteria.  The purpose of this program is to assist businesses with between 1-750 employees who have experienced barriers to capital. Entrepreneurs who seek to start, acquire, grow, or expand a business but find it challenging to obtain the capital they need. This program is through IBank and the loans are processed through one of seven Financial Development Corporation partners. Funds can be used for working capital, tenant improvements, business acquisition, equipment purchases, bridge financing, construction, real estate acquisition, and virtually all business purposes. Non-profits are ineligible unless located in a State Enterprise Zone. Learn more about the program here.

 

What an Applicant Needs to Have to Apply:

  • Companies that possess solid business ideas and plans. 
  • Can demonstrate a consistent and unblemished credit history but have minimal collateral.
  • Borrowers who can demonstrate financial capability to repay requested loans should have projections with valid assumptions and good character.

Who to Contact:

Phone: (916) 341-6600

Email: IBank@IBank.ca.gov


Partial Sales Tax and Use Exemption for Manufacturing

The Partial Sales Tax and Use Exemption is a credit that is given to the seller of “Qualified tangible personal property.”  The seller will need a certificate, which can be obtained here: https://www.cdtfa.ca.gov/formspubs/cdtfa230m.pdf


Who to Contact:

Derek Kirk, derek.kirk@gobiz.ca.gov

Phone: 1-877-345-4633 


Sales and Use Tax Exemption for Agriculture 

This program provides a sale and use tax exemption on the state portion of the tax. This exemption applies to the sale, storage, use or other consumption of farm equipment, machinery and their parts to qualified persons for use in qualifying activities. With this exemption, you are able to exempt the state general fund portion of the sales tax, which is currently at 5%. To calculate the tax rate for qualifying transactions, subtract 5.00% from the sales tax rate that would normally apply at the location where the purchase is made. For example, if the current tax rate in your area is 9%, the tax rate for a qualifying transaction would be 4.00%. Be mindful that the tax rates are subject to change. The current rates can he found here.

 

Three requirements must be met for the partial exemption to apply. The item must be:

  1. Sold to a qualified person (see “A Qualified Person” below)
  2. Used exclusively or primarily in producing and harvesting agricultural products. Primarily means 50% or more of the time.
  3. Farm equipment and machinery which includes, but is not limited to, any tool, machine, equipment, appliance, device or apparatus used in the conduct of agricultural operations.

 A "qualified person" is one whose business falls within the specified Standard Industrial Classification (SIC) Codes listed below:

 

Ranchers, farmers and other growers who operate businesses described in SIC Codes 0111 to 0291 (generally covers most agricultural businesses but excludes timber production).

A person who assists a qualified rancher, farmer or grower by performing a service described in SIC Codes 0711 to 0783 (includes soil preparation, crop harvesting, crop market preparation, veterinary services and farm and labor management).


Who to Contact:

Derek Kirk, derek.kirk@gobiz.ca.gov

Phone: 1-877-345-4633


Advanced Transportation and Manufacturing Full Sales and Use Tax Exclusion

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) provides a full sale and use tax exclusion for advanced manufacturers, manufacturers of alternative source and advanced transportation products, components or systems.  The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) will accept applications on a rolling basis. Find applications here.


Employment Training Panel 

The Employment Training Panel (ETP) provides funding to employers to assist in upgrading the skills of their workers. ETP uses a pay-for-performance contract to provide a specific, fixed-fee cash reimbursement for the costs of employer-customized, job-specific skills training conducted by the company. You can learn more about the ETP here.


Research and Development Tax Credit

The Research and Development Tax credit is a credit used to stimulate innovations and research by supporting the increase in America’s technical jobs. The credit is calculated based on the employees’ wages and is much broader than many companies realize. A business could qualify for the R&D tax credit if it creates new or innovative products, develops patents or processes, or hires designers, engineers, or scientists.

 

What an applicant needs to have to apply:

Qualified research must occur in California to qualify for the California credit. Qualified

Research Expenditures (“QREs”) generally include wages, supplies, and contract research costs.

 

Who to Contact:

Derek Kirk, derek.kirk@gobiz.ca.gov

Phone: 1-877-345-4633


Pacific Gas & Electric (PG&E)

PG&E has an array of incentives for businesses to reduce their electricity usage and has an economic development rate to help grow jobs in California. PG&E has several loan and incentive programs to help its customers drive efficiency based upon the needs of their customers and their industry sector. Learn more about PG&E’s Energy Solution Programs here.

 

For more information, please email PG&E at economicdevelopment@pge.com.


Recycling Market Development Zone 

The Recycling Market Development Zone (RMDZ) program combines recycling with economic development to fuel new businesses, expand existing ones, create jobs, and divert waste from landfills. This program provides attractive loans, technical assistance, and free product marketing to businesses that use materials from the waste stream to manufacture their products and are located in a zone. The zones cover roughly 88,000 square miles of California from the Oregon border to San Diego. Assistance is provided by local zone administrators. Local government incentives may include relaxed building codes and zoning laws, streamlined local permit processes, reduced taxes and licensing, and increased and consistent secondary material feedstock supply. Local incentives vary from jurisdiction to jurisdiction. In addition to loans, CalRecycle offers free product marketing.

 

Who to Contact: 

CalRecycle

https://www.calrecycle.ca.gov/RMDZ/

Email: LAMD@calrecycle.ca.gov

Phone: (916) 341-6199


California Competes Tax Credit 

The California Competes Tax Credit (CCTC) is a nonrefundable, nontransferable income tax credit available to businesses that want to locate in California or existing California businesses that want to stay and grow in the state.  Any business can apply for the California Competes Tax Credit. The credit is available statewide to all industries. However, while there are no geographic or sector-specific restrictions, the purpose of the California Competes Tax Credit is to attract and retain high-value employers in California in industries with high economic multipliers and that provide their employees good wages and benefits. GO-Biz is required by statute to consider the extent to which the credit will influence the business’s ability, willingness, or both, to create new, full-time jobs in this state that might not otherwise be created in the state by the taxpayer or any other taxpayer.

 

The CCTC is awarded to individual businesses through a competitive application process. Applications for the California Competes Tax Credit are accepted at www.calcompetes.ca.gov during the application periods specified in the “Notice California Competes Tax Credit” located at https://business.ca.gov/california-competes-tax-credit/.


Who to Contact:

Derek Kirk, derek.kirk@gobiz.ca.gov

Phone: 1-877-345-4633