Economic Development

Haynsworth Sinkler Boyd’s economic development attorneys have guided domestic and international companies through more than $20 billion in capital investment projects across North and South Carolina, spanning manufacturing, life sciences, data centers, logistics, corporate headquarters and energy. Our team brings the state-level relationships and transactional depth that complex projects require.

Our attorneys are experienced with the full range of state incentive programs in both Carolinas, as well as federal programs that intersect with investment projects. We advise on program eligibility, negotiation strategy and long-term compliance obligations.

North Carolina South Carolina Federal Programs
  • Job Development Investment Grant (JDIG)
  • One North Carolina Fund (OneNC)
  • NC Utility Account
  • County Tier Designations & Tier-Based Incentives
  • NC Building & Site Reuse Funds
  • Workforce Development & On-the-Job Training Grants
  • Downtown Development Funds
  • Rail Industrial Access Program
  • GoldenLEAF Foundation Grants
  • NC Industrial Revenue Bonds
  • Rural Infrastructure Authority & Building Reuse Grants




 

  • Memoranda of Understanding (MOUs) & Incentive Agreements
  • Fee-in-Lieu of Taxes (FILOT) & Special Source Revenue Credits (SSRCs)
  • Special Source Revenue Bonds (SSRBs) & Multi-County Industrial Parks (MCIPs)
  • Job Development Credits (JDCs)
  • Jobs Tax Credits (JTCs)
  • Set Aside Grants, Rural Infrastructure Fund & Closing Fund Grants
  • SC Department of Agriculture Infrastructure Grants
  • Agribusiness & Port Cargo Volume Tax Credits
  • Textile Communities Revitalization & Abandoned Buildings Act Credits
  • Historic Tax Credits and Bailey Bill Incentives
  • SC JEDA Industrial Revenue Bonds
  • Inflation Reduction Act (IRA) Incentives
  • CHIPS & Science Act Programs
  • New Markets Tax Credits (NMTCs)
  • USDA Rural Development & SBA Loans
  • EDA Grants & ARPA Economic Development Funds
  • Opportunity Zone Transactions


 

 

 

 

 

 

 

 

Full Lifecycle Economic Development Counsel

Haynsworth Sinkler Boyd advises on incentive negotiation, real estate, environmental permitting, tax structuring, employment and construction contracts, drawing on cross-practice resources across the firm’s offices. We coordinate across disciplines, so your team has a single point of contact, regardless of where your investment is located.

Incentive Negotiation & Implementation

We negotiate and close incentive transactions for companies locating or expanding in the Carolinas, managing the full process from the application stage to final agreement and ongoing compliance.

Site Selection Support

Our economic development team works alongside economic development agencies, corporate real estate teams and site selection consultants, advising on zoning, infrastructure access, utility availability and site-specific legal due diligence across both states.

Real Estate & Land Use

We handle acquisition, title review, due diligence, zoning, permitting and development approvals for industrial, commercial and mixed-use projects throughout North and South Carolina.

Corporate & Tax Structuring

Our attorneys advise on entity formation, joint ventures, financing structures and tax credit transactions associated with large-scale investment projects. We also counsel clients regarding opportunities involving the Inflation Reduction Act, CHIPS Act incentives and New Markets Tax Credits.

Environmental Permitting

We advise clients on environmental due diligence, permitting strategy and regulatory compliance for manufacturing, industrial and energy projects.

Employment and Immigration

Our attorneys advise employers on workforce planning, hiring incentives, immigration strategy and cross-border personnel issues associated with new and expanding facilities.

Connect with our Economic Development Team

When companies choose to locate or expand in North or South Carolina, the decisions made in the first weeks on incentives, site selection and deal structure shape the project’s outcome for years.
Contact Haynsworth Sinkler Boyd’s economic development team early.

ALERTS & NEWSLETTERS

Final Opportunity Zone Regulations - February 2020
SC Opportunity Zones