Fully serviced lots are available in the Hastings Business and Industrial Park for only one dollar per acre under the Land Subsidy Program. The market value of the land is held as a deferred loan against the property. Upon completion of certain job, wage, and construction improvement values, the loan is terminated with no further obligations. The program allows businesses greater ability to invest in buildings and jobs instead of raw land. Since 1997 the Land Credit program has fostered the construction or expansion of 19 businesses creating over 120 jobs and nearly $11.1 million in new commercial space.