Business Growth Loans are accessible for new and existing businesses and nonprofits in Eugene through the federal Community Development Block Grant program. This fund was established to create jobs while stimulating private sector investment. These loans help organizations grow, evolve or stabilize by addressing credit barriers and providing flexible financing options.
Since 1983, the City of Eugene has loaned more than $22 million to more than 250 Eugene businesses, creating more than 2,000 new jobs and leveraging an additional $81 million in private investment.