Ogden City and its affiliates offer business assistance for highly selective projects using various tools including:

• Tax increment funding for targeted economic development projects
• Special Assessment Area for targeted economic and community development projects
• Permanent loans for commercial real estate projects
• Interim loans for rehabilitation of commercial or residential projects
• Equity substitution or enhancement loans
• Bridge loans
• Sales tax revenue bonds
• Mini permanent loans for targeted economic and community development projects
• Small business development loans

At a minimum, these tools require developers to demonstrate the following:

• Project can qualify and demonstrate the need for public assistance
• Financial capacity sufficient to bring the project to fruition if assisted
• Supports community development or economic development goals
• Sufficient experience and knowledge of the development process
• Approval of the governing body; either the RDA Board or City Council
• Above average pay levels in jobs created
• Amplifies the City’s vision and mission

In addition, the City provides extensive business planning and development services assisting hundreds of businesses annually to start, develop and expand marketing opportunities.