CityWide’s First Floor Fund program is intended to stimulate economic growth and support for residential and commercial development in the Greater Downtown Dayton area.  To be considered for a loan under this program, applicants must be able to contribute meaningful owners’ equity in their projects, present a viable business plan and demonstrate a successful track record.



  • Businesses located in Downtown Dayton’s Central Business District and Webster Station


Eligible Loan Uses

  • Tenant improvements*
  • New and/or used machinery and equipment acquisition
  • Inventory


The Benefits

  • Supplements conventional bank financing
  • Provides flexible terms and conditions not available in conventional sources


Maximum Loan Amount

  • $200,000



  • Six Months Interest Only
  • Fixed asset: Useful life of asset up to 10 years
  • Working capital: Up to 3 years



  • Rates are determined by the assessed risk



  • $500 application fee
  • 5% origination fee
  • 1% deposit due upon acceptance of loan commitment to cover out-of-pocket closing costs – i.e. legal, title, recording, etc.


*Davis-Bacon prevailing wage requirements may apply

Apply Now