Kinston City Council and Lenoir County commissioners have both approved the Tax Incentive for Downtown Enhancement (TIDE) program, their first joint initiative through the new City–County Joint Working Committee.
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Kinston City Council and Lenoir County commissioners have both approved the Tax Incentive for Downtown Enhancement (TIDE) program, their first joint initiative through the new City–County Joint Working Committee.
TIDE — an acronym for Tax Incentive for Downtown Enhancement — is a tax incentive program intended to encourage the stabilization, rehabilitation and redevelopment of older buildings; promote infill and economic development; and boost occupancy rates with new commercial development and investment in the designated district.