The following loan and grant opportunities make possible partnerships of public funding with private business and/or property owners, or local organizations involved in Economic Development activities who provide services to those within Lincoln City city limits.

Please note, all economic development programs are subject to availability of annual funding. Loan fees and closing costs are paid by the borrower.

To download full program information or applications, please see the documents at the bottom of this page.

Brownfield Assistance Grant Program Summary

Program Goal: To assist property owners with development or redevelopment of sites that may have environmental-related constraints. Funds pay for all costs and can be used for Phase I and Phase II Environmental Assessments and future planning assistance. This Environmental Protection Agency (EPA)-funded grant program is available through 2026. For more information, please visit the Program webpage here

Facade Improvement (Property Rehabilitation) Loan Program Summary

Program Goal: To provide renovation and rehabilitation funds for existing commercial properties to assist in alleviating blight conditions, to improve building structures and to compliment local design characteristics.

• 0% interest, no pre-payment penalty
• Property owners must have 30% equity and can borrow up to $150,000 with a 10-year payback
• Business owners must have permission from the building owner and can borrow up to $5,000 with a 5-year payback
• Free design services are available (up to $1,200 for property owners or up to $600 for business owners)

Local Program Support Grant Summary

Program Goal: To provide an annual financial assistance program for local organizations involved in economic development activities that support the mission of Lincoln City Economic Development and provide services within city limits.

• $10,000 maximum grant per program to local organizations involved in Economic Development
• $25,000 maximum grant per organization in any one year

Energy Efficiency Loan Program Summary

Program Goal: To provide loan funds for commercial properties and businesses in Lincoln City to assist in reducing energy costs by improving building systems and business operations.

• 0% interest, no pre-payment penalty
• Property owners must have 30% equity and can borrow up to $75,000 per property (not to exceed $150,000 per applicant) with a 10-year payback
• Business owners must have permission from the building owner and can borrow up to $5,000 with a 5-year payback
• Projects must have a free energy assessment and register with either Energy Trust of Oregon 866-368-7878; or USDA Rural Development 503-414-3369 to receive existing incentives; businesses can request an energy assessment from Energy Trust by completing the online application.

Business Expansion Loan Program Summary

Program Goal: To provide existing businesses and non-profit organizations with funding for business expansion including building renovation, additions to existing buildings, equipment purchase, business diversification and relocation assistance.

• 0% - 2% interest, no pre-payment penalty
• Businesses may request $1,000 - $75,000
• Payback determined by loan amount & not to exceed 10-years
• Loan amounts over $50,000 must show evidence that the loan will create a high probability of adding or retaining staff

Pre-Development Assistance Program Summary

Program Goal: To provide pre-development assistance for property owners with redevelopment or significant renovation plans in excess of 50% of property value.

• Funds can be made available as a short-term loan with repayment at Certificate of Occupancy.
• Total amount borrowed not to exceed $150,000 per applicant

Infrastructure Partners Program Summary

Program Goal: To provide assistance for private redevelopment projects that support the efforts of Economic Development, City Council, and Community Vision Plans. The Council will partner to construct necessary required infrastructure.

• 0% interest loans, payback not to exceed 10 years

Documents