Green Business Attraction and Incentive Program and Thrive Inland SoCal Catalyst Funding
Summary
The committee was scheduled to learn about the city's program to attract and incentivize green businesses, along with a related regional Catalyst Funding award. The program could shape which companies Riverside recruits and what incentives they receive.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 17, 2026.
Impact analysis
The associated Catalyst funding award could bring outside money into the city, but the amount wasn't specified on the agenda.
Green businesses looking to locate or expand in Riverside, and residents who want more sustainable employers in town.
Critics of tax abatements might point to foregone property tax revenue, though no specific deal is on the table yet.
Mentions & discussions (2)
Economic Development Committee — September 17, 2026
Riverside wants a new tool to attract large manufacturers by rebating part of the city's property tax share for up to 15 years. Supporters say it brings jobs and investment; every deal would still need separate council approval.
Economic Development Committee — January 22, 2026
The committee was scheduled to learn about the city's program to attract and incentivize green businesses, along with a related regional Catalyst Funding award. The program could shape which companies Riverside recruits and what incentives they receive.
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