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 Assessment Grant
The Brownfield Assessment Grant provides funding to proactively conduct environmental assessments and remedial planning activities for brownfield sites. The program provides funding up to 100% of the eligible expenses, up to a maximum of $50,000 per project.
Brownfield Revolving Loan Fund
The Brownfield Revolving Loan Fund 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.
Section 108 Loan
Flexible low-interest long term financing for a variety of business needs and uses. Loan terms up to 20 years at lower interest rates than those offered through conventional financing. Developer deals or income producing properties are also eligible. Minimum loan of $300,000.
Toledo Business Growth Fund
Are you a manufacturing company and need help growing your business? We're offering small business loans at competitive interest rates through the Toledo Business Growth Fund. This fund was established to support business growth and neighborhood investment. We're targeting businesses in downtown Toledo and revitalization areas of Toledo and we'll provide business advising and support along the way!
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.