As you begin to develop your business in Eastvale, we have many resources to help you along the way. From understanding the business license process to applying for permits, and discerning how our residents will fit into your business strategy, we are loading you up with a collection of resources to help you succeed.
Need some guidance? We have you covered as we can point you in the right direction.
The City of Eastvale wants to help you start a new business. To do so, we offer local business incentives for special business types.
In a recent community satisfaction study, Eastvale residents indicated they want more premium casual and fine dining restaurant options within the city.
To support the local business economy and attract restaurants, the city offers a business incentive loan program.
| INCENTIVE TYPE | AMOUNT | FORGIVENESS/ REPORTING PERIOD | APPLICATION | POLICY |
|---|---|---|---|---|
| City of Eastvale Business Incentive Loan | Up to $100,000 | Up to $50,00: 3 years
Greater than $50,000: | Business Incentive Loan Application | Business Incentive Loan Policy |
| Job Creation Loan Program funded by CDBG | $35,000 per Full-Time Employee up to $100,000 | Up to $50,000: 2 years
Greater than $50,000 : 3 years | Community Development Block Grant Business Incentive Application | Community Development Block Grant Policy |
The California Tax Credit Allocation Committee (TCAC) facilitates the investment of private capital into the development of affordable rental housing for low-income Californians. TCAC allocates federal and state tax credits to the developers of these projects. Corporations provide equity to build the projects in return for the tax credits. TCAC verifies that the developers have met all the requirements of the program and ensures the continued affordability and habitability of the developments for the succeeding 55 years.
The City of Eastvale is considered “high resource” and your business may be eligible for the low income housing tax credit program.
