Incentives

There are a large number of potential incentives for real estate and business development.

Let Lumber City help you find the right fit and balance of incentives to meet your business goals.

Low Interest Financing

Lumber City Development Corporation offers low-interest financing for eligible business in North Tonawanda including, but not limited to: financing for fixed assets, inventory, and working capital. Loan applications are available online, but applicants should first discuss their business and financing needs with LCDC representatives prior to completing an application.

Download a Loan Application.

Local Incentives

North Tonawanda and Niagara County are ready and willing to invest in business by offering local incentives geared to help your business grow and succeed, such as:

  • Real property tax abatements for commercial real estate development
  • Payment-in-lieu-of-taxes programs for commercial and industrial development
  • Micro-enterprise lending for small or start-up businesses
  • Brownfield clean-up revolving loan funding
  • Empower Niagara energy incentives

Information on all Niagara County has to offer can be found at the Niagara County Center for Economic Development.

State Incentives

The Empire State is doing more and more to encourage business development and make developing and operating a business here a more affordable option through programs like Brownfield Tax Credits and Historical Tax Credits. Visit Empire State Development for information on all New York has to offer.

To learn more about low-interest financing and our local and state incentive programs, please call Michael Zimmerman at (716) 695-8580 x5515.