The Economic Development Office administers several business financial assistance programs under the umbrella of its Business Revitalization Programs to provide assistance to businesses seeking:
Improvements to their commerical property: Facade Improvment Grant - 50% reimbursement for eligible renovation to a building's facade and/or to bring signage, landscaping or parking lots into conformance with current codes.
Security Grant- provides 50% reimbursement for the installation of eligible security improvements.
Assistance with locating or expanding its operations:
Business Investment Grant- provides grants to companies for investing at least $1.5 million in new or expanded services or processes and adding 20 jobs or more.
Industrial Revenue Bonds for manufacturning projects
Assistance with operating a business organization:
Business District Organization Program -provides up to $10,000 in matching funds per year to eligible business district organizations for eligible operating/administrative expenses.
Financial assistance with contaminated sites:
Brownfield Assessment Grant - provides 50% reimbursement up to $20,000 per site for environmental assessment activities that lead to site redevelopment.
Brownfield Tax Incentive - owners of Brownfield properties are entitled to the partial City and County property tax exclusions.
