Services Departments Government

Clackamas County Enterprise Zone Program

Enterprise zones are designed to encourage business investment through property tax exemption in designated areas of Clackamas County. Locating or expanding into an enterprise zone provides eligible businesses property tax exemption on new construction and equipment for a period of three to five years.

View Enterprise Zone Flier and Map

Eligible business includes manufacturers, processors, shippers and a variety of operations that serve other organizations, as well as call centers and headquarter-type facilities. Hotel/resort businesses are also eligible in the Sandy Enterprise Zone. Retail, construction, financial and certain other defined activities are ineligible.

Criteria for Qualifying Projects

The 3-Year Tax Abatement Program

A company will not pay taxes on its new investment if it can:

The 5-Year Tax Abatement Program

A company must meet all of the requirements of the 3-year program as well as the following to receive 2 additional years of tax abatement.

Clackamas County Strategic Investment Zone

The Clackamas County Urban and Rural Strategic Investment Zone provides a compelling business recruitment tool designed to attract large capital intensive traded sector businesses. The program provides consistent criteria and a streamlined approval process.

Highlights include:

The Clackamas County Urban Zone: unincorporated urban Clackamas County and the cities of Lake Oswego and portions of Happy Valley.

The Clackamas County Rural Zone: unincorporated rural Clackamas County portions of Happy Valley and the cities of Sandy, Molalla, Estacada and Canby.

Clackamas County Rural Revolving Loan Program

Businesses located outside the Portland Metro urban growth boundary are eligible for loans up to $150,000. This money can be used on land, building acquisition, new construction, machinery and equipment. The requirements are one job for each $25,000.

Mt. Hood Economic Alliance Grants & Revolving Loan Fund

Regional and Rural Investment Funds (grants & loans) focusing on economic development. Priority will be given to projects that create or retain jobs, leverage outside capital investment for business development, demonstrate ongoing sustainability, support minority and women owned companies, and projects that achieve an average wage level at or above the county minimum average wage.

Rural Community Loan Program

The Mid-Willamette Valley Council of Governments provides assistance to area small businesses with all of the commonly used government finance programs. These federal, state and local resources are designed to be used in partnership with private lenders such as banks to provide the financing needed by companies to expand or start new venture and create more jobs for the area.

Please contact the Business & Economic Development office at 503-742-4BIZ (4249) for more information.

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