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La Porte Urban Enterprise Association
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
Mike Riehle
President
La Porte Economic Advancement Partnership
Bert Cook
Vice President
La Porte Economic Advancement Partnership
Frank Cardello
Secretary
Zone Resident
Tracy Connors
Board Member
American Licorice
Jim Barnhart
Board Member
Cassie Kubaszyk
Board Member
Zone resident
Laura Cutler
Board Member
City Council Representative
Ryan Loucks
Board Member
Scott Cooley
Board Member
Labor Representative
Victoria Gushrowski
Board Member
Matt Saltanovitz
Indiana Economic Development Corporation
Jim Pressel
State Representative
UEA Boundary Map
Zone Programs and Incentives
The LPUEA offers three categories of incentives:
- To Zone businesses to encourage investment and reinvestment in their businesses.
- To individual residents residing and working in the Zone.
- 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.
Business Grant Program
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.
Community Enhancement Grant Program
Organizations are awarded grants each year for activities and events that are executed within the Urban Enterprise Zone. Grant amounts are considered based upon event participation in amounts up to $500 per event and per year. The purpose of the Community Enhancement Grant is to create activity and engagement within the community inside the LPUEA zone.