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.

The program was launched in May 2012 by the City of Austin Economic Development Department with the 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.

See the Family Business Loan Program information sheet for more information and to see if your business is eligible to apply.

Jose Luis Buitron of Jose Luis Salsons shares his unique story of how they expanded their business with the help of the City of Austin Family Business Loan Program:

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.

Cultural Arts Funding

The City of Austin provides cultural arts programs for the Austin community by contracting with arts organizations for specific services.

Film & Digital Media Production Incentives

Incentives and funding resources for filmmakers.

Music Venue Assistance Program

This program offers low interest micro loans to qualifying establishments for the purpose of enhancing the sound quality of indoor and outdoor venues, while reducing sound impact to neighboring uses.

Veteran Business Loan Initiative

The Veteran Business Loan is part of the Family Business Loan Program (FBLP), 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. Learn more about the Veteran Business Loan Initiative.