Commercial Rent Subsidy Program

Commercial Rent Subsidy Program

The Commercial Rent Subsidy Program was created in efforts to enhance economic growth and to help fill vacancies in local commercial buildings in Harrison County, IN.

 

Through creating a business plan with the assistance of an ISBDC advisor and having the HCEDC’s commercial rent subsidy of up to 50% of rents over a two year period, businesses can thrive through the startup years.

Funding Criteria

  • Business must be located or locating in Harrison County
  • Applicants must meet with an Indiana Small Business Development Center (ISBDC) business advisor and have an approved business plan
  • Building Must meet local codes and be “rent” ready
  • Applicant must sign a 2-year lease

*Additional requirements found in application

 

Reimbursement Terms

  • Up to 50% of commercial rents based on a $1000 maximum monthly rent
  • $12,000 maximum aggregate over 2 years
Download Application