Supporting Downtown Economic Growth Through Loans and Incentives
To support downtown economic growth, the City of Eugene offers a number of tools for business and developers.
Arts & Business Loan Program - This loan program provides loans to aid arts organizations and artists, as well as small, specialty creative and arts-related businesses.
Business Development Fund (BDF) - This fund provides loans to new and existing Eugene businesses that are creating jobs in our community.
Downtown Revitalization Loan Program (DRLP) - The DRLP is a flexible financing program designed to encourage investments within the Downtown Urban Renewal District that contribute to the economic vibrancy and density goals for downtown.
Multi-Unit Property Tax Exemption
(MUPTE) - The MUPTE is a 10-year property tax exemption to stimulate
the construction of multi-unit housing in key areas and to ensure use of
the core area as a place for people to live and work.
High-speed internet is coming to downtown! The City of Eugene, EWEB, and the Lane Council of Governments have partnered to construct a municipally owned fiber network in downtown Eugene. Click here for more information!
How can you get cheaper employee parking? Ask for a bulk permit! The City offers discounted parking permits in bulk as an encouragement for development and re-tenanting vacant office space in the downtown area.