Economic and business development financial assistance is available either directly through the City of Harrisburg or indirectly through various state or local programs that require the City to act as a sponsor for a formal application on behalf of a private concern. MOEDSP currently administers three loan programs:




1. The Revolving Loan Program is limited to City-based businesses, with funding ranging from $500 to $150,000.
2. The Community Development Block Grant (CDBG) Loan Program is limited to City-based businesses which are located in or relocating to blighted areas of the City, as pre-determined by the US Department of Housing and Urban Development, with funding ranging from $500 to $20,000.
3. The New Baldwin Corridor Enterprise Zone Loan Program is limited to businesses located south of the City limits (Cameron Street Corridor) and ending at the Harrisburg International Airport in Middletown. The funding may range from $500 to $200,000.

PROGRAM LENDING IS NOT GUARANTEED AND IS BASED UPON AVAILABILITY OF FUNDS, WHICH VARY CONSIDERABLY FROM MONTH TO MONTH.

Some financial assistance programs may require specific matching and job creation obligations; loan terms in all three programs range from three to twenty years. Primarily focused on businesses within the City of Harrisburg, eligible projects include new construction, purchase of machinery and equipment and the provision of working capital.