Grants and Financing

Posted: Dec 19, 2023

Community Development Block Grant (CDBG)

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THE DEADLINE FOR SUBMITTING FY 2024-2025 APPLICATIONS IS 5:00PM, MONDAY, JANUARY 22, 2024.FY 2024-2025 CDBG and HOME Application (PDF)FY 2024-2025 CDBG and HOME Application (Word)The Community Development Block Grant (CDBG) and Home Investment Partnership Program (HOME) are Federal grant programs funded through the Department of Housing and Urban Development (HUD). The City of Tracy is a sub-recipient pass-through funding partner of San Joaquin County, which serves as...

Category: Grants and Financing

Posted: Feb 17, 2023

California Small Business Loan Guarantee Program

The California Small Business Loan Guarantee Program enables a small business or farm to obtain a term loan or line of credit when it cannot otherwise qualify for a loan. The California Infrastructure and Economic Development Bank (“IBank”) administers the Small Business Loan Guarantee Program (“SBLGP or State program”) and the State Small Business Credit Initiative (“SSBCI or Federal program”) to help businesses create and...

Category: Grants and Financing

Posted: Aug 25, 2021

City Incentives

Tracy is committed to a strong, growing business climate. Businesses locating in Tracy will enjoy working in an economic environment with knowledgeable professionals readily available to make the development and permitting processes seamless. A wide range of business-friendly services and financial incentives are available to companies choosing to locate here. The City of Tracy works with several agencies in the region to offer a...

Category: Grants and Financing

Posted: Mar 09, 2018

Statewide Community Infrastructure Program (SCIP)

SCIP is a financing program that enables developers to pay most impact fees and finance public improvements through an acquisition agreement that qualifies under the 1913/1915 Act (excluding school fees) via tax-exempt bond issuance proceeds. As the City of Tracy requires developers to pay impact fees prior to obtaining a permit, SCIP can be used to directly prepay these fees or alternatively, to reimburse the...

Category: Grants and Financing

Posted: Mar 09, 2018

San Joaquin County Revolving Loan Fund

The Revolving Loan Fund (RLF) bring financial assistance to job creating and retaining businesses already located in San Joaquin County and those who are looking to expand into the County. Loan amounts from $25,000 to $1M Market rates are fixed, no prepayment penalties and flexible repayment terms Proceeds may be used to finance working capital, inventory purchases, machinery & equipment, furniture & fixtures,...

Category: Grants and Financing

Posted: Mar 09, 2018

Industrial Development Bonds

Industrial Development Bonds (IDBs) are tax-exempt industrial revenue bonds which are issued to offer low interest financing to qualified businesses. IDBs traditionally offer lower interest rates, long-term maturity (15 – 30 years) and are assumable. Proceeds from IDBs may be used to finance land acquisition, building construction, machinery and equipment, and other incidental costs. In addition, five percent of net proceeds may be set aside...

Category: Grants and Financing

Posted: Mar 09, 2018

Grow Tracy Fund Loan Program

The City of Tracy and the Grow America Fund (GAF) have established and capitalized the Grow Tracy Fund as an economic development tool designed to assist eligible small businesses within the City of Tracy to obtain the financing required to grow their business. Loans made under this program are underwritten by the Grow America Fund and guaranteed by the Small Business Administration (SBA) under...

Category: Grants and Financing

Posted: Mar 09, 2018

Small Business Administration (SBA) 504 Loan

The SBA 504 Program provides small businesses with long-term, fixed-rate financing to acquire major fixed assets for expansion or modernization. This program offers key advantages to businesses that plan to invest in equipment and/or real estate for their own use: Low down payment – conserving valuable operating capital Competitive, fixed interest rate – no future interest rate fluctuations Long term – brings debt...

Category: Grants and Financing

Streamlined permitting process

Centrally located to all west coast markets

Tracy Workforce

Regional workforce of
1 million+ ...and growing!

26,957 housing units and 5,000+ underwaY

Tracy Demographics

Population at 98,091

Tracy Median Income

Highest median income in San Joaquin County