By Alexandria Burris:
July 25, 2019
Companies looking for city tax incentives when moving to Indianapolis or expanding here would have to pay employees at least $18 an hour and eliminate employment barriers like access to child care, Mayor Joe Hogsett and workforce development officials said.
Those requirements are part of the framework for a new economic strategy, which would take effect Jan. 1, that revamps how the city awards incentives in the form of tax abatements and training grants.
Criteria such as pay and employee access to child care and job training aim to open the job market to people who are otherwise struggling to find and retain work, said Angela Smith Jones, Hogsett’s deputy mayor of economic development. Other priorities include support for workforce training programs and job investment in distressed and underserved neighborhoods.
“Our goal is to have corporations really focusing on their corporate responsibility and really engaging in the community,” Smith Jones said.
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