Urban Renewal Grant Programs

  • The Gresham Redevelopment Commission offers two grant programs that support the Rockwood-West Gresham Urban Renewal Plan goals.

    Both grants provide a matching incentive to encourage private investment in the area. 

    • New Industries Grant
    • Predevelopment Services
    New Industries Grant

    The New Industries Grant provides an incentive to industrial companies to make capital investment and create quality jobs in the Rockwood-West Gresham Urban Renewal Area (URA).

    How to apply

    Applications are accepted year-round. Funds are limited. Grants are awarded on a first-come, first-served basis.

    New Industries Grant guidelines  

    New Industries Grant application

    The grant amount is determined through a variety of factors, including the level of capital investment and number of new jobs created.

    Eligibility

    Grants support manufacturing, high-technology, or similar industrial and light-industrial projects locating or expanding in the URA. A minimum of $500,000 in new capital investment is required.

    Improvements may include:

    • New construction.
    • Machinery and equipment.
    • Major renovation and tenant improvements that increase the assessed value of the property.

    Contact us

    Contact Marlene Myers at 503-618-2640 or Marlene.Myers@GreshamOregon.gov.

    Predevelopment Services

    Predevelopment Services grants and loans encourage the development or redevelopment of underused and vacant properties within the Rockwood-West Gresham Urban Renewal Area (URA).

    Funds are available to assist developers and owners of industrial and commercial property with assessing the feasibility of potential development projects in the URA.

    How to apply

    Applications are accepted year-round. Funds are limited. Grants are awarded on a first-come, first-served basis.

    Grant application guidelines

    Predevelopment Services grant application

    • Grants up to $25,000 are available for taxable commercial or mixed-use projects.
    • Grants up to $20,000 are available for industrial projects on properties of up to 5.0 acres. 
    Grant information

    For industrial projects on larger properties, forgivable loans are available for a maximum amount of $4,000 per acre (rounded to the nearest tenth of an acre), up to $100,000.

    Once the grantee has completed the work: Grants are paid out on a reimbursement basis to fund 50% of total eligible predevelopment costs, up to the maximum award amount.

    Grantee must first document to the GRDC the contractor or consultants were paid.

    Loan information

    Once the grantee has completed the work: Loans are paid out on a reimbursement basis to fund 50% of total eligible predevelopment costs, up to the maximum award amount.

    Grantee must first document to the GRDC the contractor or consultants were paid.

    Eligibility

    • The proposed project must be within the URA.
    • Applicants must own the proposed site, or be able to show some other form of site control, such as a purchase option.
    • An applicant holding a long-term lease (at least three years) may apply with proof of the property owner's consent to the proposed improvements. See Guidelines for complete eligibility requirements.

    Contact us

    For more information about predevelopment services grants and loans contact Emily Bower at 503-618-2416 or Emily.Bower@GreshamOregon.gov.