The Restoration Tax Abatement (RTA) Program is an economic development incentive created for use by municipalities and local governments to encourage the expansion, restoration, improvement and development of existing commercial structures and owner-occupied residences in Downtown Development Districts, Economic Development Districts or Historic Districts.
This is Louisiana's original incentive program for capital investments and is for manufacturers only. It may be used by manufacturers new to the state as well as new investments and miscellaneous capital additions to existing facilities in Louisiana.