Board Members

The River Ridge Development Authority has been designated as the Urban Enterprise Association Board

J. Mark Robinson
Ned Pfau
Steve Stemler
Rex Lockard
Dan James

River Ridge Enterprise Zone Boundary Map

Marc Elliott, Zone Director

River Ridge Enterprise Zone
6200 E. Highway 62
Suite 600
Jeffersonville, IN 47130

812.285.8979 phone
812.285.8983 fax

Info@RiverRidgecc.com e-mail

The River Ridge Enterprise Zone (formally known as INAAP Enterprise Zone) was enabled by Resolution # 11 -1997 Enacted by the Clark County Commissioners in November 1997.

The Clark County Commissioners designated the Clark County Redevelopment Commission to function as an Urban Enterprise Association Board. The Redevelopment Commission accepted this designation by resolution on December 17, 1997.

On May 10, 2001 the Clark County Commissioners transferred the designation as the Urban Enterprise Association from the Clark County Redevelopment Commission to the River Ridge Development Authority (Formally known as INAAP Reuse Authority) by Resolution 6-2001.  The River Ridge Development Authority accepted that designation by resolution on May 21, 2001.

The purpose of the enterprise zone program in the state of Indiana is to stimulate local community and business redevelopment in distressed areas. An enterprise zone may consist of up to three contiguous square miles. There are 18 enterprise zones in Indiana. These include zones in Anderson, Bedford, Bloomington, Connersville, East Chicago, Evansville, Fort Wayne, Gary, Hammond, Indianapolis, Kokomo, Lafayette, Marion, Michigan City, Muncie, Richmond, South Bend and Terre Haute. Other Enterprise Zones include former military installations: Grissom Aeroplex, Peru; Ft. Harrison, Indianapolis; and the Indiana Ammunitions Plant, Jeffersonville. The Urban Enterprise Associations oversees the enterprise zone programs in each locality. The Indiana Enterprise Zone Board governs statewide. In order to stimulate reinvestment and create jobs within the zones, businesses located within an enterprise zone are eligible for certain tax benefits. These tax benefits include:

• A credit equal to 100% of property-tax liability on inventory.
• Exemption from Indiana Gross Income Tax on the increase in receipts from the base year.
• State Investment Cost Credit (up to 30% of purchase price) for individuals purchasing an ownership interest in an enterprise zone business.
• State Loan Interest Credit on lender interest income (5%) from qualified loans made in an enterprise zone.
• State Employment Expense Credit based on wages paid to qualified zone-resident employees. The credit is the lesser of 10% of the increase in wages paid over the base year, or $1,500 per qualified employee.
• Tax deduction to qualified zone-resident employees equal to the lesser of 50% of their adjusted gross income or $7,500.

  * The above information is from the Indiana Department of Commerce Web Site.

Indiana Department of Commerce, Indiana Enterprise Zone

IC 4-4-6.1 Chapter 6.1. Indiana Enterprise Zones

Additional information about filing for EZ credits.