Economic Development

Overview

Richmond’s economy is growing. We have a strong workforce, unparalleled access to the entire Bay Area, rich cultural diversity, a great year-round climate, and recreational options that are second to none. This means that if you want to expand or relocate your business, Richmond is the place for you.

At the Office of Economic Development (a division of the Richmond Community and Economic Development Agency), our goal is to provide your business with the best resources available and to assist you with all your business-related needs. In addition to Richmond’s Enterprise Zone, we manage the Revolving Loan Fund (RLF) program, a key component of our business incentives program. The RLF provides four loan options to business owners:

  • Working capital—for the costs of business operations
  • Machinery/equipment—for the acquisition of machinery and equipment
  • Fixed assets—for leasehold improvements, renovation, expansion of a structure, or purchase of fixed assets
  • Facade improvements—for improving the exterior appearance of a business

You can use our website to find out more about:

  • Business resources and opportunities
  • Locating a site for your business
  • Hiring tax credits and special incentive programs
  • Revolving loans
  • Business management and technical assistance programs
  • The Economic Development Commission

If you need assistance by phone, please call us at (510) 307-8140.

For more information about Community and Economic Development, please click the links below:

Community and Economic Development Agency strives to improve all aspects of Richmond life—economic, physical, and social.

Richmond Community Redevelopment Agency strengthens Richmond’s economy by stimulating job creation while promoting and managing redevelopment activities.

Employment & Training offers comprehensive, employment-related services to Richmond employers and residents.

Housing & Community Development administers housing and community development funds and provides community services and affordable housing opportunities.

Richmond Housing Authority administers Federal funds to guarantee that Richmond’s low-income residents have decent, safe, and sanitary housing and support services.
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