Hesperia. Zoned for Business.
less than eight months from its conditional designation as a California Enterprise Zone, the City of Hesperia, a southern California community of 102,940, now offers some assistance that few cities can … state tax incentives. On March 22, 2010, the City of Hesperia executed a Memorandum of Understanding with the California Department of Housing and Community Development, vesting Hesperia with its final designation as an Enterprise Zone (EZ).
Among the scores of applications submitted, Hesperia's high evaluations validated the tremendous effort put forth by the City Council, Hesperia Community Redevelopment Agency, and the dozens of regional organizations who pledged resources to support the on-going implementation of the EZ. As a result, substantial local incentives and state tax credits and benefits of the Hesperia Enterprise Zone are now available and remain in effect until March 31, 2025, with some benefits extending beyond the life of the zone.
"For over 18 months, staff worked diligently on the Enterprise Zone application to ensure limited questions or conditions existed after conditional designation," said Deputy Director Steven J. Lantsberger. He continued, "We are now looking ahead at how the EZ will provide businesses with a competitive advantage in respect to a lower cost of doing business in California. Ultimately, the combined benefits of state and city incentives will lead to business growth and job generation."
And to that end, Hesperia has recently added a Recycling Market Development Zone (RMDZ) to its armory of business benefits. As one of 35 California RMDZs, Hesperia's program combines economic development with recycling to provide financially attractive incentives for new businesses, expansion of existing facilities, job creation, and reduction of the waste stream headed to landfills. The RMDZ provides free market research, technical assistance and below-market rate loans to qualified manufacturing firms. Located in an ideal logistics hub of the Inland Empire, both zones encompass city-owned rail-accessible land.
Armed with lucrative zone-exclusive benefits and incentives, this team of performance-motivated economic development professionals makes it their mission to put businesses in Hesperia on the path to success. To find out more about operating in one of the most innovative Enterprise Zones in the country, or to request information about Hesperia's RMDZ, contact Steven Lantsberger at (760) 947-1906, by e-mail at firstname.lastname@example.org; or visit www.cityofhesperia.us/econdev.