Building the wealth of families, businesses, and the overall city has been a strong goal of activities funded with Housing and Community Development dollars. These funds have helped create jobs and expand existing businesses. At the same time, stabilizing neighborhoods means the City spends less tax dollars on crime prevention and code enforcement. 

Public funds are provided to private businesses that assist with construction and services that meet the City's overall economic development goals. The City's Targeted Loan Pool Program leverages private lender funds going towards the expansion of business opportunities. In addition, the South Elm Street brownfield development project is set to provide new business development sites within the core City district.

South Elm Street Redevelopment Area

Targeted Loan Pool Program