Tax Incentives

The Merrillville Town Council has finalized a tax abatement for the town's next industrial park. The 195-acre Silos at Sanders Farm development will contain five buildings along Mississippi Street. As part of the abatement, taxes will be phased in over the next 10 years, with no real property taxes at all for the first three years.

Efforts are moving forward on three residential developments in Downtown Hammond. The city council agreed Monday to make the Rimbach Square development eligible for a 10-year, 100-percent tax abatement.