Revised West Salem Grant Offers Increased Flexibility For Businesses
- 03/10/26
Salem, Ore. – Business growth and expansion in West Salem just got easier. West Salem Urban Renewal Area’s grant program has recently been adjusted to allow more flexibility for businesses. Now called the West Salem Urban Renewal Area Capital Improvement Grant Program, it allows for business retention, business expansion and business relocation that adds new jobs.
“We are excited to offer an accessible grant opportunity in West Salem that matches others throughout the City and will allow local businesses to grow, expand and create local jobs,” said Salem City Councilor Paul Tigan, who represents Ward 1.
The grant program was last updated in 2019. Significant updates include a new grant funding match scale that ranges from 50 percent to 20 percent based on total eligible project costs, expanded grant eligibility and reduced application materials.
The program updates address a recent decline in grant application activity in West Salem and makes access to capital easier for a broad range of projects resulting in new investment, products and services that benefit the area.
The West Salem Urban Renewal Area (WSURA) was created in 2001 to eliminate blight and depreciating property values and attract aesthetically pleasing, job-producing private investments and improvements to public infrastructure. Since then, the City has issued 18 WSURA grants with an average grant amount of $131,000; $2.3 million project total has been matched by over $26 million in private investment and has resulted in the creation of over 260 jobs.
Learn more about the West Salem Urban Renewal Area Capital Improvement Grant and apply online.
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Revised West Salem Grant Offers Increased Flexibility For Businesses
- 03/10/26
Salem, Ore. – Business growth and expansion in West Salem just got easier. West Salem Urban Renewal Area’s grant program has recently been adjusted to allow more flexibility for businesses. Now called the West Salem Urban Renewal Area Capital Improvement Grant Program, it allows for business retention, business expansion and business relocation that adds new jobs.
“We are excited to offer an accessible grant opportunity in West Salem that matches others throughout the City and will allow local businesses to grow, expand and create local jobs,” said Salem City Councilor Paul Tigan, who represents Ward 1.
The grant program was last updated in 2019. Significant updates include a new grant funding match scale that ranges from 50 percent to 20 percent based on total eligible project costs, expanded grant eligibility and reduced application materials.
The program updates address a recent decline in grant application activity in West Salem and makes access to capital easier for a broad range of projects resulting in new investment, products and services that benefit the area.
The West Salem Urban Renewal Area (WSURA) was created in 2001 to eliminate blight and depreciating property values and attract aesthetically pleasing, job-producing private investments and improvements to public infrastructure. Since then, the City has issued 18 WSURA grants with an average grant amount of $131,000; $2.3 million project total has been matched by over $26 million in private investment and has resulted in the creation of over 260 jobs.
Learn more about the West Salem Urban Renewal Area Capital Improvement Grant and apply online.
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