City Programs

Local Incentives for Beaverton Businesses and Property Owners

The City of Beaverton offers financing and incentive programs. For more information contact Mike Williams, City of Beaverton Economic Development Division Manager, at 503-526-2456. Contact information for specific programs provided in links below.

Affordable Housing Tax Exemption

To be eligible for the program, units must be rented to tenants earning 60% and less of area median income (AMI) or 80% and less of AMI for those in their second and subsequent years of tenancy. Please contact Lisa Bailey with questions.

Brownfields 

Funding and technical support for assessing environmental conditions and cleanup planning on commercial and industrial properties. Brownfields Remediation and Development 

Business Assistance 

Research services to help businesses start, grow or locate in Beaverton including demographics, commercial property information, industry analysis and market intelligence. Business Assistance Program 

Enterprise Zone 

Eligible office and industrial firms in the city’s designated enterprise zone boundary can receive a three to five year property tax abatement on qualifying new improvements and equipment. Enterprise Zone Program

Open Air Beaverton Grant Program

A citywide grant program to support businesses as they take on the cost of constructing Outdoor Service Areas. 
Open Air Beaverton Grant Program

Pre-Development Grant Program 

Property owners and developers may be eligible for matching grants to explore development opportunities within Beaverton’s Urban Renewal District. 

Pre-Development Grant Program

Storefront & Tenant Improvement Programs

Storefront and Tenant Improvement Programs

Vertical Housing Program 

A partial property tax exemption is available for developers of mixed-use vertical residential projects within one of three Vertical Housing Development Zones. Vertical Housing Development Zones Information