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 

This program allows a tax exemption for affordable housing construction in which the residents earn 60% of the median area income. Please note that this program is for non-profit developers only. 

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 

Electronic Commerce Zone 

Qualifying Enterprise Zone firms with substantial ecommerce transactions can receive an additional income tax credit for three to five years on new investments directly related to electronic commerce activities. Electronic Commerce 

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

Pre-Development Grant Program 

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

Storefront Improvement Program 

APPLICATION DEADLINE: September 14, 2018 - Business and property owners located in Beaverton’s Downtown or Allen Blvd Program Areas are eligible for matching grants towards exterior improvements. Design grants for such improvements are also available. 

Tenant Improvement Program 

APPLICATION DEADLINE: September 14, 2018 - New and existing downtown restaurant owners are invited to apply for a matching grant program aimed at interior improvements to food and beverage service businesses that increase foot traffic and vitality of Beaverton’s downtown. 

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 

Workforce Training Assistance 

Training expense reimbursement for eligible new employees in targeted industries. Eligible industries include software and information services, instrumentation, electrical and electronics equipment manufacturing, sporting goods and apparel, and food processing. Workforce Training Assistance Program

Mayor Denny Doyle established Developer Roundtables to provide a venue for sharing exciting city-wide news and obtaining feedback from our customers and partners. 

Mayor's Developer Roundtable