HCDA Economic Development Incentive Program

The purpose of the Economic Development Incentive Program is to provide assistance to a new business to locate within the commercial district in the City of Hillsboro to enhance the overall business environment and vibrancy of the district. The program is driven by entrepreneurial spirit and proves a financial incentive for individuals with a comprehensive business plans that should have positive impacts on current and future economic climate in the City.

Eligible Business Expenses: Allowable expenses shall include, but are not limited to, labor and material costs for the improvement of the building façade and interior; purchase or rental of fixtures, equipment, or supplies; and purchase of inventory.

Maximum Award Amount: $15,000