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Funding

Whether you're looking for startup capital or considering a loan to finance the expansion of your business, a variety of opportunities are available.

Emerging Developers Grant

Rolling Application

Deadline:

Start Date:

Eligibility

  • Be a non-profit or for-profit development entity
  • Have completed at least two and no more than five commercial or mixed-use projects of similar scope
  • Have at least 51% ownership of the proposed project
  • Have site control (deed) of the project at the time of application
  • Have a current Tax Clearance certificate
  • No more than 5 employees at the time of application
  • Cannot have already started construction on the proposed project

Eligible Costs: 50% of eligible predevelopment soft costs and costs unrelated to any construction activity are eligible for reimbursement under this program, including:

  • Architectural and design fees
  • Construction drawings and specifications
  • Engineering fees and surveys
  • Municipal zoning and Inspection fees
  • Insurance costs
  • Professional fees, legal fees, accounting fees, and project management fees
  • Market/feasibility study
  • Appraisal
  • Phase I environmental review
  • Property taxes (must be current)
  • Loan interest (if applicable)
  • Utilities

Benefits

You will receive up to $250,000 to cover eligible pre-development soft costs.

Learn More