Local Incentives : Lafayette Economic Development Authority

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Restoration Tax Abatement

Administered by the local Parish Tax Assessor
Commercial property owners and homeowners who expand, restore, improve, or develop an existing structure in a qualifying district are eligible
The program grants a 5-year deferred assessment of the ad valorem property taxes assessed on renovations and improvements with an option for a second 5-year exemption

Industrial Property Tax Exemption

New and expanding manufacturing operations or expansions are eligible for exemption of local property taxes on new construction or additions to existing buildings; the purchase of permanently fixed equipment and machinery is also included
A business can take advantage of this program for a period of 5 years; there is a provision for the granting of a second five-year exemption

After-Hours Emergency Contacts

The Lafayette Consolidated Government's Department of Planning, Zoning, and Codes is available for contact after hours to the business community in case of a planning, inspection, or permitting emergency
Larry Manuel (Building Official): (337) 349-5701
Rodney Richard (Chief Building Inspector): (337) 896-0231 or (337) 349-5702
John Broyles (Permit Supervisor): (337) 322-0734

A business is not required to purchase a business license to operate in Lafayette Parish.