Loan Funds for Retail Tenants

The City of Oberlin has been an active partner with SCA on the East College Street Project. They were an initial funder to the early planning of the project and are also partnering with SCA by contributing a $1.4 million dollar Tax Increment Financing package for streetscape, road and utility upgrades to the site.

As part of their economic development strategy to increase investment throughout the community, the City of Oberlin and the Oberlin Community Improvement Corporation are also making small business loans available to East College Street retail tenants. These loans are being offered at below prime and are tied to job creation within Oberlin. They can be used for start up capital costs and for commecial fit-out of your space.

For more details and information about these programs contact Tita Reed at the City of Oberlin’s Economic Development Office at (440) 775-7250