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Commercial Loans

Supporting Private Development

A full complement of commercial loan programs are available to Portland businesses through a continuum of gap-based and direct financing.

The Portland Development Corporation (PDC), staffed by the Housing & Economic Development Department, provides a continuum of financial assistance to business and industry throughout the city and works to institute economic development programs in Portland to ensure compliance with the city’s goals, objectives, and requirements.

Formed by the city in 1991, the PDC reviews and approves all requests for loans from the City’s Revolving Loan Program (RLP) and has provided more than 100 Portland businesses with over $5.5 million in financial assistance.

Tax Increment Financing

Under special circumstances, there are opportunities for tax increment financing.

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