For more information...
Jef Buehler
609-633-9769
jef.buehler@dca.nj.gov


Downtown Business Improvement Zone Loan Fund

The DBIZ Loan Fund is intended to provide support to purchase, lease, condemn or acquire land or an interest therein as necessary for right of way or other easement to or from the zone; relocate and move persons displaced by the acquisition of land; the rehabilitation and redevelopment of land; acquisition, construction, reconstruction, rehabilitation or installation of parking and other public facilities and improvements; costs of appraisals or other professional services directly related to effectuating the improvement. 

  • This is a 0% loan program for physical improvements and projects in an Improvement District with a District Management Corporation.
  • Loans can range up to $600,000 total and would have a 10-15 year payback on principal only.
  • Awards above $100,000 require a 100% (min.) match of any kind of non-DBIZ funding.  Awards below $100,000 do not require a match.
  • You have 2 years to complete the project.
  • Payback would begin after project completion and/or final drawdown of the total loan amount. 
  • You may receive an advance of up to 100% of the awarded amount.
  • Please see the DCA SAGE page for grant availability and to apply.