
Greeley Community Development Fund
The Greeley Community Development Fund ('GCDF') assists with the financial needs of companies expanding or locating to the City of Greeley. The GCDF provides short-term financing or loan guarantees for up to 45% of total project costs, when the remaining project costs are funded through banks, private investors, or other loan programs.
Opportunity Zone Tax Benefits
Almost the entire Greeley Downtown Development Authority boundary is designated as an Opportunity Zone. The Opportunity Zone program is a federal incentive that encourages long-term private investments by giving investors tax benefits for investing in real estate projects and operating businesses. Investors receive tax incentives in the form of deferral and elimination of state and federal capital gains taxes.
Enterprise Zone State Income Tax Credits
Businesses operating within the boundaries of the EZ map can receive various state income tax credits for equipment investment, new employees, job training, R&D, vacant building rehab, and more. To qualify, businesses must obtain a pre-certification each year prior to engaging in an activity they intend to claim a credit on.