Financing & Incentives

The City of Springfield provides a variety of incentives to businesses considering major investments of human and financial capital. Most programs aim to reduce expenses related to taxes, financing, and/or fees.

Financing and Rate Reduction Programs

City of Springfield Revolving Loan Fund
City of Springfield Targeted Investment Loan Fund
City of Springfield Micro-Enterprise Loan Fund
City of Springfield Pledge Loan Program

Tax Abatement and Credit Programs

City of Springfield Enterprise Zone Program
City of Springfield Community Reinvestment Area Program
Municipal Income Tax Credit Program

Special Programs and Incentives

Tax Base Revitalization Incentive Program
Employment Incentive Grants
HUB Zones