Community Development

Incentive Overview

The Community Development program aims to improve living and economic conditions of persons in Target Areas by providing loans and grants for qualified projects that do the following:

  • Inhibit the deterioration of property
  • Expand and improve the quantity and quality of community services
  • Improve arrangement of residential, commercial, industrial, recreational and other necessary activity centers
  • Restore and preserve properties of historic, architectural or aesthetic value
  • Alleviate physical or economic distress through private investment and community revitalization activation in blighted areas

All activities carried out under the Community Development Plan must located in the  specific  Target Area  defined in the Economic Development Incentive Policy , and all projects must demonstrate that 75% of funding is committed or in hand to be considered for funding.

Projects & Requirements

Community Development & Revitalization Projects:*  Community Impact Projects 

Projects led by a community based non-profit developer; new construction, or substantial rehabilitation or renovation of an existing building or facility 
Projects meet specific community need, such as a grocery store, senior-care facility, child-care facility, or health-care facility. 
Requirements
  • Creates 25 living wage jobs  or has capital expenditures of at least $2 million 
  • Projects must demonstrate that at least 75% of the total project is  funded
  • City funds may be used for construction costs only; funds are not to be used for programmatic expenses
Requirements
  • Creates at least 15 permanent full-time jobs with an average living-wage salary among the positions, giving projects flexibility to have employees with diverse skill sets.  
  • Projects must demonstrate that at least 75% of the total project is funded 
  • City funds may be used for construction or rehabilitation costs only; funds are not to be used for programmatic expenses
*  Other project types may be considered if applicant demonstrates a defined service gap. 


Read more about the Community Development incentive. 

Apply

To apply for the Community Development incentive, please use this application. 

If you are unsure and need help determining the best incentive program for your project, please complete our quick and easy Incentives Inquiry Tool.

Contact Us

  1. Wendy Nalls

    Economic Development Manager
    Email

Application and Incentive Policy

  1. Community Development Incentive Application
  2. Community Development Incentive Application Spanish
  3. Incentive Policy Document
  4. Incentive Policy Document Spanish Final