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.
Storefront & Tenant Improvement Programs
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.
- dfdf Opens a 2021 Property Tax Exemption Application - fillable version
- 2021 Recipient Questionnaire - fillable version
- 2021 Property Tax Exemption Program Flyer
Funding and technical support for assessing environmental conditions and cleanup planning on commercial and industrial properties. Brownfields Remediation and Development
Research services to help businesses start, grow or locate in Beaverton including demographics, commercial property information, industry analysis and market intelligence. Business Assistance Program
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.
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