Funding

Family Business Loan Program

The Family Business Loan Program is a public-private partnership between the City of Austin, HUD, and participating private lenders to offer low-interest loans to qualified small businesses that are expanding and creating jobs. Our mission to enable existing local businesses to expand and create jobs, revitalize communities, increase the tax base of the City of Austin, and enhance the overall quality of life for Austin residents.

Veteran Business Loan Initiative

The Veteran Business Loan is part of the Family Business Loan Program, a public-private partnership between the City of Austin Economic Development Department and the U.S. Department of Housing and Urban Development, which offers a low-interest rate loan and low borrower equity requirements to help create or expand a business.

Bond Financing Program

The Austin Industrial Development Corporation (AIDC) offers tax-exempt or taxable bonds for eligible manufacturing projects, recycling and other exempt facilities projects, and projects owned and used by Section 501(c)(3) organizations. The Bond Financing Program provides project financing that can be lower-cost and have longer maturity compared with traditional financing.