Businesses receiving loan proceeds must create or retain at least one full-time equivalent job.
On July 10, 2007, the Stockton City Council approved revisions to the City's Commercial Loan Program to better serve the needs of the Stockton business community. These revisions expand the program boundary beyond the downtown core and increase funding available to commercial property owners.
The City offers a Façade Improvement Forgivable Loan to enhance the exterior of commercial, nonresidential properties (including nonprofit groups) located within Downtown, South Stockton, North Stockton, and Midtown. Application fee of $525.
This City program reduces or eliminates building permit and associated public facilities fees for many downtown projects. If the project rehabs an existing downtown building vacant for six months or longer, most permit fees will be waived. Demolitions, new construction, or expansions do not qualify.
Obtain an application from the City's Economic Development Department or Downtown Stockton Alliance prior to applying for a permit.
The program boundary includes the Downtown Stockton Business Improvement District.
The City will grant up to $7,500 to commercial property owners to fix code violations that endanger the health or safety of employees or the general public.
The responsible party (property owner or business owner) must demonstrate alternate sources of funds (such as savings or loans) are not available to fix the problem.
To stimulate economic development within the City of Stockton, City Council adopted a fee deferral program for commercial and industrial buildings.
Rather than paying development fees at the time a building permit is issued, the developer of a qualified non-residential project may elect to defer a portion of those fees.
Approved by City Council on January 24, 2017, this program provides short-term relief from upfront development costs, specifically impact fees, until construction has been completed and building is ready to occupy. Rather than paying development impact fees at the time a building permit is issued, a developer with a qualified non-residential project may elect to defer payment of such fees, with the exception certain “pass-through” fees.
New non-residential construction projects may defer eligible fees until first certificate of occupancy, whether temporary or final, or two years from the first building permit issuance, whichever is less. A request for short-term deferral of eligible fees for new non-residential construction projects must be submitted in writing to the Economic Development Department for review prior to issuance of a building permit.
If the project is deemed eligible, a fee deferral agreement must be executed between the applicant and City prior to the issuance of the building permit. This program will become effective March 25, 2017 and will remain in effect for a period of five (5) years, unless extended by the Stockton City Council.
For more information on any program or for an application by mail, contact the Economic Development Department.
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This City of Stockton web page last reviewed on --- 2/1/2017