Contact

Tory Banford
Project Manager

Phone 503-540-2445
Phone 503-588-6178
Fax 503-589-2054
TTY/TDD 503-588-6370

tbanford@cityofsalem.net

Urban Development Department
350 Commercial St. NE
Salem, OR 97301

 

West Salem Redevelopment Grant Program

Investing in our Community SignSalem offers a matching grant program to help finance the construction of a new building, or building additions, for commercial, industrial, or mixed-uses in West Salem Urban Renewal Area (URA). Manufacturing equipment and related building improvements may also be eligible.

Maximum Grant Amount: $300,000

Grant Requirement

  • 20% matching grant toward eligible projects
  • Must increase usable space through a new building addition, construction of a new building, or an increase in building utility through a building remodel for manufacturing purposes
  • Investment must remain in the district for at least 10 years
  • Interested applicants must provide a demonstrated financial need
  • Grant funds may not be applied to costs incurred prior to the grant award.

* Grant requirements may vary based on the grant amount

Eligible Recipient

  • Fee title property owners
  • Business owner tenants with written authorization from the building owner to conduct building improvements

* Tax-exempt property and businesses are not eligible for grant funds

Eligible Projects

  • New building additions, new building construction, or remodeling for new manufacturing equipment that increases the utility of the building
  • Building site must be located in the West Salem URA and the building uses must be industrial, commercial, or mixed-use multi-family residential
  • Permanent interior and exterior building construction (grant funds may not be used for demolition or the installation of items of a non-permanent nature that could be removed from the building or URA)
  • Trade fixtures or equipment that is large and affixed to the grounds or building to improve manufacturing productivity and increase jobs in the area
  • Environmental cleanup, environmental assessment and remediation of hazardous substances

Application Documents

Additional Information

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