CITY OF CLAYTON, GA – The City of Clayton has been designated as a Rural Zone by the Georgia Department of Community Affairs. The Rural Zone designation is an incentive program designed to stimulate investment, job creation, and economic development in the downtown area. General criteria for designation include communities with a population of less than 15,000; a core downtown area with structures older than 50 years; evidence of blight or disinvestment in the downtown area; and implementation of a strategic plan in the downtown area.

Clayton’s Rural Zone designation begins January 1, 2022 and will last for five (5) years. The following is a summary of the qualifications for each of three available tax incentives:

Job Tax Credit which offers $2,000 per new full-time equivalent job created.

Investment Credit which is equivalent to 25% of the purchase price of the building

Rehabilitation Credit which is equivalent to 30% of qualified rehabilitation costs.

Each of the three tax credits is dependent upon the creation of at least two (2) new full-time equivalent jobs.

More information regarding the Georgia Department of Community Affairs’ Rural Zone program can be found here:

https://www.dca.ga.gov/community-economic-development/incentive-programs/rural-zones

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