Support for Your Business
We offer a variety of loan options, incentives, and tax credit programs to help local businesses get the resources they need for their business.
Brownfield Revolving Loan Fund
The Brownfield Revolving Loan Fund program provides low-interest long-term financing and grant funding for the cleanup and subsequent redevelopment of brownfield properties. A "brownfield" is defined as an abandoned, idled, or under-used industrial, commercial, or institutional property where expansion or redevelopment is complicated by known or potential releases of hazardous substances or petroleum.
Community Reinvestment Area
This program provides real property tax abatement for new construction or for the rehabilitation of residential, commercial or industrial structures within pre-designated areas. The City of Toledo’s CRA program works to promote investment to properties located within neighborhoods that have experienced decline as a result of disinvestment.
Facade Improvement Grant Program
The Facade Improvement Grant program helps property owners transform the facade of commercial, industrial, and mixed-use buildings by providing a 50% matching grant to reimburse expenses incurred during a comprehensive facade improvement.
White Box Grant Program
The White Box Grant program helps property owners bring vacant commercial first-floor spaces, located in low- to moderate-income census tracts, up to current code to create a functional "white box" space ready for customization and occupancy by a business.
Enterprise Development Loan Program
Enterprise Zone Tax Abatement Program
The Enterprise Zone Tax Abatement Program was designed to create jobs and promote economic growth in a specified geographical area of the City of Toledo. Further, it holds the purpose of establishing, expanding, renovating or occupying facilities and hiring new employees and preserving jobs within said zones in exchange for a tax credit.
Municipal Jobs Creation Tax Credit Program
The Municipal Jobs Creation Tax Credit program provides a monetary, performance-based grant to attract and retain businesses in the City of Toledo. The grant is based on the actual growth in annual municipal income tax that is generated from eligible new employees and payroll associated with the company’s project.
Toledo Expansion Incentive Program
The Toledo Expansion Incentive program provides a monetary, performance-based grant to attract and retain businesses in the City of Toledo. The grant is based on the actual growth in annual municipal income tax that is generated from eligible new employees and payroll associated with the company’s project.