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Community Revitalization Enhancement Districts (CReED)

The Community Revitalization Enhancement District (CReED) tax credit entitles a taxpayer to a 25% credit against the taxpayer's state and local tax liability for a taxable year if the taxpayer makes a qualified investment in that year. The investment must be for the redevelopment or rehabilitation of property located within a CReED designated under IC 36-7-13 and must be approved by the Indiana Department of Commerce (IDOC) before the investment is made.

Examples of "qualified investments" include:

  • A taxpayer's investment that is used for redeveloping or rehabilitating property located within a CReED for the purposes of constructing, reconstructing, or repairing:
  • Roofing
  • Walls
  • Lighting
  • Heating/ Cooling Units
  • Buildings

The City of Fort Wayne has both the Downtown CReED and the Southtown CReED. Click the links below for more information on CReED and a CReED Application.

pdfCReED Checklist
pdfCReED Description of Investor Tax Credit
CReED Application