Infographic explaining How the Downtown Corvallis Revolving Loan Fund Works, with a Pinterest Save button in top left. Three sections: 'What is it?' describes a low-interest loan program for business improvements in Downtown Corvallis, available first come, first served. 'What can it be used for?' lists: Painting & window repair, Interior design updates, Electrical & plumbing upgrades, Sustainability improvements, and General rehab work. Accompanied by circular icons showing a paint brush, window, plumbing fixtures, and a plant in hand. 'How to apply' states: Submit a complete application to the Economic Development Office, with rolling review — apply early.

Downtown Corvallis Revolving Loan Fund Program

The Corvallis-Benton County Economic Development Office is now accepting complete applications on a first come, first served basis for the Corvallis Downtown Revolving Loan Fund Program. The total program funds available are $38,500 until more funding becomes available in the future. Applications are accepted on an ongoing basis until all funds are expended. Loan funds can be used for a variety of business investments, including rehabilitation, painting, window repair, interior design, electrical and plumbing upgrades, and sustainability improvements.

Overview

Open Date: Now
Close Date: Ongoing until funds are expended
Location: Downtown Corvallis – see map for zones

Downtown Corvallis RLFP Application

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Downtown Corvallis RLFP Zones Map

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Learn about our other incentives.

Commercial Property Assessed Clean Energy (CPACE) Multi-Unit Property Tax Exemption (MUPTE) Enterprise Zone Tax Increment Financing (TIF) – Urban Renewal South Corvallis Revolving Loan Fund Program