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Archive for category: Insights

Workforce Accessibility

Insights

Workforce accessibility has become a defining factor in long-term site success, particularly as labor markets remain tight and demographic patterns continue to shift. In 2026, it is no longer enough for a location to have an available workforce on paper. Companies must evaluate how easily workers can access a site on a daily basis and whether that access is sustainable over time.

Transportation and Commute Accessibility

Transportation plays a central role. Commute times, transit availability, road capacity, and parking all influence employee attraction and retention. Sites that are technically close to labor pools but difficult to reach often underperform expectations. Incentive programs increasingly reflect this reality, with support for road improvements, transit connections, and last-mile access tied to major employment centers.

Housing and Workforce Stability

Housing availability is another critical dimension. In many regions, housing costs have outpaced wage growth, limiting the practical labor shed for industrial facilities. Communities that invest in workforce housing, mixed-use development, and zoning flexibility are better positioned to support employers. While housing incentives may not directly fund industrial projects, they materially influence workforce stability and recruitment.

Training and Long-Term Workforce Access

Training and education infrastructure further shape accessibility. Proximity to technical schools, apprenticeship programs, and workforce centers reduces onboarding friction and supports advancement. Incentives tied to training partnerships help ensure that accessibility extends beyond hiring to long-term career development.

In 2026, workforce accessibility is best understood as an ecosystem rather than a single metric. Locations that integrate transportation, housing, and training considerations tend to deliver more reliable labor outcomes and stronger long-term performance.

June 8, 2026
https://fivepointsstrategies.com/wp-content/uploads/2026/02/Transit-and-road-infrastructure-supporting-workforce-accessibility.webp 1200 1600 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2026-06-08 08:00:102026-02-05 16:46:59Workforce Accessibility

Inflation and Site Strategy

Insights

Inflation continues to shape site selection and expansion decisions in 2026, even as rates fluctuate across sectors and regions. Rising construction costs, higher borrowing expenses, and wage pressure all influence project feasibility. For companies evaluating new investments, understanding how inflation interacts with location fundamentals and incentives is essential.

Managing Construction Cost Inflation

Construction costs are often the most visible impact. Materials pricing volatility and labor shortages can quickly erode budgets, particularly for projects with long lead times. Incentives tied to site preparation, infrastructure participation, or construction grants can help offset these pressures when aligned with true cost drivers. However, incentives alone rarely eliminate inflation risk. Companies that phase development or build flexibility into timelines tend to perform better.

Operating Cost Stability and Incentives

Operating costs also deserve attention. Inflation affects utilities, transportation, and ongoing labor expenses. Locations with stable utility pricing, predictable tax environments, and access to skilled labor reduce long-term exposure. Incentives that address early operating years can help smooth cash flow, but long-term stability ultimately determines performance.

From a strategic perspective, inflation reinforces the importance of early planning. Projects that wait for cost certainty often find that conditions continue to shift. In 2026, disciplined preparation, conservative assumptions, and alignment between incentives and real cost pressures remain the most reliable ways to protect project economics.

June 1, 2026
https://fivepointsstrategies.com/wp-content/uploads/2026/02/Construction-project-budgeting-impacted-by-inflation-and-site-strategy.webp 1102 1600 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2026-06-01 08:00:212026-02-05 16:46:25Inflation and Site Strategy

Public Finance Tools Every Developer Should Understand

Insights

Public finance tools remain a critical component of many development and expansion projects, particularly when infrastructure needs or site conditions create cost gaps that private capital alone cannot efficiently address. In 2026, these tools continue to be widely used, but their effectiveness depends heavily on structure, timing, and alignment with public objectives.

Common Public Finance Tools Used in Development

Tax increment financing, special assessment districts, and other value capture mechanisms are among the most common tools. When applied appropriately, they allow future increases in tax revenue to fund present-day infrastructure improvements. For developers, this can reduce upfront costs associated with roads, utilities, drainage, or site preparation. For communities, it provides a mechanism to invest without diverting existing revenue streams.

Managing Risk and Assumptions in Public Finance

The key to successful use of public finance tools is realism. Assumptions about future value growth, absorption, and timing must be conservative. Overly aggressive projections introduce risk for both developers and municipalities and can undermine public support. Projects that demonstrate credible demand and phased development plans tend to move more smoothly through approval processes.

Coordinating Public Finance With Incentives

Coordination with traditional incentives is also important. Public finance tools often work best when layered with grants, tax abatements, or workforce programs. Early coordination reduces duplication, clarifies compliance requirements, and improves overall feasibility. Developers that engage public partners early are better positioned to shape solutions that align with both project needs and community priorities.

Understanding these tools allows developers to approach negotiations from a position of knowledge and credibility. In 2026, public finance remains a powerful lever for projects that are thoughtfully planned and clearly aligned with long-term economic goals.

April 6, 2026
https://fivepointsstrategies.com/wp-content/uploads/2026/02/Infrastructure-construction-funded-through-public-finance-tools.webp 1063 1600 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2026-04-06 08:00:172026-02-05 16:42:36Public Finance Tools Every Developer Should Understand

NMTC Strategy for 2026

Insights

The New Markets Tax Credit remains one of the most effective tools for financing projects in qualifying low-income communities. As 2026 unfolds, competition for allocation remains strong, but well-prepared projects continue to attract interest from Community Development Entities. The projects that succeed are rarely accidental. They are positioned early, clearly articulated, and aligned with both business objectives and community impact goals.

Eligibility and Timing Considerations

In 2026, NMTC strategy begins with eligibility and timing. Understanding census tract qualification, eligible business activities, and the allocation calendar is essential. Projects that wait until capital gaps are fully defined often find that allocation availability is limited or misaligned with construction schedules. Early engagement allows sponsors to evaluate feasibility and build relationships with CDEs before allocations are fully committed.

Aligning NMTC Projects With Community Impact

Successful NMTC projects clearly connect business needs with community benefits. Job creation alone is no longer sufficient. CDEs increasingly look for projects that provide quality employment, support local supply chains, improve access to goods or services, or catalyze additional investment. Sponsors that can document these outcomes tend to differentiate themselves in a competitive allocation environment.

Integrating NMTCs Into the Capital Stack

Capital stack integration is another critical consideration. NMTCs are most effective when coordinated with other incentives, conventional financing, and equity sources. Structuring the transaction early reduces execution risk and allows sponsors to address lender requirements without compressing timelines. Poorly coordinated NMTC transactions often introduce delays that erode value.

For qualifying projects, NMTCs can materially improve feasibility and long-term returns. In 2026, the projects that succeed are those that treat NMTCs as a strategic financing tool rather than a last-minute solution.

March 16, 2026
https://fivepointsstrategies.com/wp-content/uploads/2026/02/Urban-redevelopment-site-representing-effective-NMTC-strategy-in-2026.webp 898 1600 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2026-03-16 08:00:512026-02-05 16:40:29NMTC Strategy for 2026

Site Selection Data That Matters

Insights

Modern site selection is increasingly data driven, but not all data carries equal weight. In 2026, successful site decisions are less about static comparisons and more about understanding how locations perform under real operating conditions. Companies that rely solely on high level tax and wage comparisons often miss indicators that ultimately determine success.

Labor Data That Reveals Real Site Performance

Labor data remains central, but headline unemployment rates are rarely sufficient. Turnover rates, commuting patterns, participation rates, and competing employers provide a more accurate picture of labor availability. In tight labor markets, understanding who is hiring, what they pay, and how quickly they absorb talent can matter more than nominal wage differences. Communities that provide transparent, granular labor data tend to inspire greater confidence.

Infrastructure and Permitting Data That Reduce Risk

Infrastructure data has also become more critical. Utility capacity, power reliability, water availability, and broadband performance are no longer assumed. Manufacturers increasingly require confirmation that infrastructure can scale with future growth. Incentives are often tied to these data points, with public participation triggered by demonstrated need and readiness.

Permitting and regulatory timelines represent another important data category. Published timelines, historical approval durations, and clarity of process reduce uncertainty. Locations that can demonstrate predictable permitting often outperform peers even if their incentive packages appear smaller.

Incentives frequently hinge on the same data companies use for internal decision making. When companies align their analysis with how communities evaluate readiness and impact, negotiations become more efficient. Data transparency supports faster decisions, clearer expectations, and better outcomes for both sides.

March 9, 2026
https://fivepointsstrategies.com/wp-content/uploads/2026/02/Analyst-reviewing-maps-and-charts-that-visualize-site-selection-data.webp 1067 1600 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2026-03-09 08:00:502026-02-05 16:39:50Site Selection Data That Matters

2026 Economic Development Incentives: What Companies Should Watch

Incentives, Insights

As companies move into 2026, economic development incentives remain one of the most effective tools for managing project cost, risk, and timing. While incentive programs themselves rarely change dramatically year to year, the priorities behind them do. States and local governments continuously adjust programs based on labor conditions, fiscal capacity, political priorities, and competitive pressures. Companies that understand these shifts early are consistently better positioned to secure meaningful public support and avoid reactive, last-minute negotiations.

Workforce Outcomes Drive Incentive Priorities

One of the most significant trends shaping incentives in 2026 is the continued emphasis on workforce outcomes rather than simple job counts. Public agencies increasingly want assurance that jobs will be filled quickly, retained over time, and aligned with local wage and skill objectives. As a result, customized training grants, incumbent worker programs, and partnerships with community colleges and technical institutions have become core components of competitive packages. For manufacturers, these programs often deliver more immediate operational value than long-term tax abatements by reducing ramp-up risk and stabilizing early operations.

Infrastructure Readiness Shapes Competitive Advantage

Infrastructure investment is another defining theme. Power availability, rail access, water and wastewater capacity, and broadband reliability are now central to incentive discussions. Communities that have invested in site readiness can compete aggressively, while those without infrastructure capacity often struggle regardless of intent. For companies, early engagement creates an opportunity to shape infrastructure solutions, particularly when projects align with broader regional development or resilience goals.

Timing and Early Engagement Matter More Than Ever

Timing also matters more than many companies realize. Many incentive programs are funded annually and are most flexible early in the fiscal year before dollars are committed. Waiting until a site decision is final often shifts leverage away from the company and limits options. The most successful projects integrate incentives directly into the site selection process, allowing communities to compete on both location fundamentals and financial support.

The takeaway for 2026 is clear. Incentives remain available and meaningful, but only for companies that plan ahead, articulate real project needs, and engage communities early and transparently. Preparation, clarity, and timing continue to separate average outcomes from strong ones.

January 26, 2026
https://fivepointsstrategies.com/wp-content/uploads/2026/01/City-skyline-symbolizing-2026-economic-development-incentives-growth.webp 1070 1600 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2026-01-26 08:00:372026-02-05 16:49:582026 Economic Development Incentives: What Companies Should Watch

Five Points’ 2025 Recap and 2026 Outlook

Incentives, Insights

As we close out 2025, it is worth reflecting on what this year has meant for our clients and partners.

2025 in Review

  • We supported manufacturers, healthcare providers, and other organizations in securing millions in incentives and tax credits.
  • We guided clients through new programs, including the JETI initiative in Texas.
  • We saw continued demand for NMTC financing, with projects already preparing for 2026 allocations.

Looking Ahead to 2026

We expect continued momentum in reshoring, increased emphasis on workforce development, and stronger focus on sustainability. The permanency of NMTC offers unprecedented stability for companies planning major projects.

Our Commitment

At Five Points, we remain dedicated to helping companies make informed site selection decisions and secure the incentives that turn vision into reality.

December 22, 2025
https://fivepointsstrategies.com/wp-content/uploads/2025/12/2025-incentives-recap-2026-site-selection-outlook.jpg 1120 2000 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2025-12-22 08:00:222026-01-26 15:26:17Five Points’ 2025 Recap and 2026 Outlook

How to Work with Economic Developers to Maximize Incentives

Insights

Economic developers are essential partners in securing incentives. Yet many companies treat them only as gatekeepers, missing the opportunity to build strong, collaborative relationships.

Best Practices for Engagement

  1. Be Transparent: Share clear project details early to build trust.
  2. Understand Their Goals: Communities want job creation, investment, and long-term impact.
  3. Follow Through: Meeting commitments strengthens credibility for future projects.
  4. Engage Early: Developers are most effective when brought in before a site decision is final.

The Mutual Benefit

When companies and economic developers work together, the results go beyond financial incentives. Communities thrive, and companies gain lasting local support.

The Takeaway

Strong partnerships are as important as the incentives themselves. Treating economic developers as allies creates outcomes that benefit both sides.

December 15, 2025
https://fivepointsstrategies.com/wp-content/uploads/2025/12/working-with-economic-developers-community-benefit.jpg 1333 2000 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2025-12-15 08:00:152025-08-10 17:08:15How to Work with Economic Developers to Maximize Incentives

The Incentives Year in Review: Biggest Wins and Lessons of 2025

Incentives, Insights

Looking back at 2025, several themes stand out in the world of economic development incentives.

Major Wins

  • Communities showed strong support for manufacturing and healthcare projects, with several record-setting packages.
  • The rollout of the JETI program in Texas provided a new pathway for large-scale projects.
  • Workforce development programs became more visible and impactful than ever.

Key Lessons

  • Timing remains critical. The companies that engaged early saw the strongest results.
  • Incentives beyond taxes, including training and infrastructure, often provided the most immediate value.
  • Partnerships with local economic developers proved essential to navigating complex negotiations.

Looking Ahead

The lessons of 2025 will inform strategies in 2026. Companies that remain proactive and deliberate will continue to capture the greatest benefits.

December 8, 2025
https://fivepointsstrategies.com/wp-content/uploads/2025/08/2025-incentives-year-in-review-project-wins.jpg 1334 2000 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2025-12-08 08:00:562025-08-10 17:01:03The Incentives Year in Review: Biggest Wins and Lessons of 2025

Blog 18 — NMTC Permanency: What It Means for Companies Planning Big Projects

Incentives, Insights

The permanency of the New Markets Tax Credit program has reshaped how companies think about financing. For years, uncertainty about extensions left businesses hesitant to plan projects around NMTC. With permanency secured, that has changed.

Why Permanency Matters

Companies can now confidently include NMTC in long-term capital strategies without worrying about sudden expiration. This opens the door to more projects, particularly in underserved areas.

What Companies Should Do

  • Plan Early: Competition for allocations remains strong.
  • Engage with CDEs: Building relationships ahead of time strengthens the case for support.
  • Integrate NMTC with Other Incentives: Combining financing tools often produces the best outcomes.

Our Role

At Five Points, we are helping clients position projects today for allocations that may close in 2026 and beyond. The stability of NMTC makes it a reliable foundation for growth.

December 1, 2025
https://fivepointsstrategies.com/wp-content/uploads/2025/08/nmtc-permanency-long-term-project-financing.jpg 1333 2000 Connor Betts /wp-content/uploads/2025/01/five-points-strategy-site-selection-services.svg Connor Betts2025-12-01 08:00:212025-08-10 16:56:46Blog 18 — NMTC Permanency: What It Means for Companies Planning Big Projects
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