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Business Assistance
The Commercial Renovation Grant is a commercial property improvement grant to aid businesses within the City of Peoria in efforts to improve their property interior and exterior.
Tax Increment Financing (What are TIFs?)
Tax Increment Financing (TIF) is a special funding tool used by the City of Peoria to promote public and private investment across the city. Current TIF locations can be found in the Land Records -> Tax Districts -> TIF Map Layer of Peoria County's GIS website.
Revolving Loan Program (What is a Revolving Loan?)
This low interest loan offered by the city can be used to help businesses that may struggle to obtain traditional financing. For additional information and to apply, please contact the Economic Development Department.
Peoria Urban Enterprise Zone (What is an Enterprise Zone?)
Through the application for the Peoria Urban Enterprise Zone (PUEZ) we can offer you tax abatement and incentives for projects for your business. Current locations can be found in the Administrative Map Layer of Peoria County's GIS website. For application information, email our Enterprise Zone contact or download the application here.
River Edge Redevelopment Zone (What is RERZ?)
This tax abatement and incentive program is for select properties near the Illinois River. Current locations can be found in the Administrative Map Layer of Peoria County's GIS website, and a current map is available to see if your property is eligible. Application can be found here.