BUSINESS INVESTMENT PROGRAM/ECONOMIC DEVELOPMENT FUND (EDF) | LAKEWOOD CITY OF

BUSINESS INVESTMENT PROGRAM/ECONOMIC DEVELOPMENT FUND (EDF) | LAKEWOOD CITY OF - DEPARTMENT OF PLANNING AND DEVELOPMENT

Provides low interest loans which will give needed and appropriate assistance and support to companies investing in Lakewood in order to foster redevelopment efforts, increase jobs, generate new tax revenue and provide for physical improvements in Lakewood.

Data provided by

211 Cleveland

Physical Address

12650 Detroit Ave., Lakewood, OH 44107

Hours

M-F: 8:00am-4:30pm

Voice

(216) 529-6630

Fax

(216) 529-5907

Website

https://www.lakewoodoh.gov/planning-and-development

[email protected]

Application process

There is open application. Call M-F: 8:00am-5:00pm to obtain details of the process.

Fee

Reimbursement of title costs, recording fees, and any other costs or fees including legal expenses necessary to close financing.

Eligibility

Open to any legal business located in Lakewood or seeking to locate in Lakewood that provides a good or service for sale and has the demonstrated capacity to obtain credit on the private market under usual and customary terms.

Agency info

LAKEWOOD CITY OF - DEPARTMENT OF PLANNING AND DEVELOPMENT

Coordinates activities designed to retain existing businesses and attract new businesses to the city.