The La Porte Urban Enterprise Association (LPUEA) is a 501 (c) 3 not-for-profit organization which serves as the governing body of the La Porte Urban Enterprise Zone. The Association acts as a liaison among Zone residents, businesses and the City of La Porte for any development activity and programs that affect the Zone and its residents.

Board Of Directors

UEA Boundary Map

Zone Programs and Incentives

The LPUEA offers three categories of incentives:

1. To Zone businesses to encourage investment and reinvestment in their businesses.
2. To individual residents residing and working in the Zone.
3. To lenders to encourage lending to Zone entities.

Investment Deduction

Zone businesses can receive a tax deduction for the increased value of a business property due to a real and personal property investment by the business. The added valuation may be deducted for up to 10 years. Examples of “qualified investments” include: purchase or construction of new or existing building, purchase of new manufacturing or production equipment, costs associated with repair or modernization of an existing building, or onsite infrastructure improvements.

Investment Cost Credit

An individual investing equity in a Zone business may be eligible to receive a credit of up to 30% of the investment against their State income tax liability. The percentage of the credit varies depending upon the type of investment, the type of business and the number of jobs created by the investment.

Employee Expense Credit

Employers operating a business in the Zone may apply a 10% credit to its State adjusted gross income tax, insurance premium tax and financial institution tax liabilities for the increase in wages paid to qualified Zone resident employees, up to $1,500 per employee

Employee Tax Deduction

Qualified employees who live and work in the Zone are entitled to a State tax deduction equal to one-half of their adjusted State gross income, up to $7,500. A qualified employee is an individual whose principal place of residence is in the Zone, who works 50% of their time for a Zone business and has at least 90% of their service directly related to the employer’s Zone business

Business Grant Program (SUSPENDED UNTIL 2021)

Zone businesses are eligible for a matching grant program offered throughout a given calendar year. Grants are given up to 50% of the total project cost or $10,000 and can be applied to most exterior improvements. This grant is a reimbursement grant and funded at project completion. Note–Roofs are not considered in this program. Applications must be received by the 3rd of the month to be considered at that months Board Meeting.

80/20 Façade Grant Program (SUSPENDED UNTIL 2021)

Businesses are awarded grants each year based upon a pre-established budget approved by the Urban Enterprise Zone.   Each year based upon funding the UEA awards 80% of the total cost of improvements. These upgrades are limited to façade painting, tuck pointing and new awnings.  Contractors are picked by the UEA Board of Directors and businesses pay their 20% up front prior to starting the proposed work.

Development Grants (SUSPENDED UNTIL 2021)

Development grants are awarded similar to the 50/50 Business Grant Program but include internal remodel projects for both commercial and residential space in our downtown district.  Grants are awarded based upon projects up to and above $200,000.  These grants will be awarded at 20% of the total project cost and reimbursed at project completion.