Economic Development

Programs and services offered through the Plymouth Redevelopment Authority

Download Micro Loan Progam Application

Brownfields and 21E Assessments:

The PRA has the legislative powers to access a variety of state and federal resources to undertake remediation of brownfield sites and 21E conditions. The PRA can obtain assistance from public sector partners such as MassDevelopment, Environmental Protection Agency, and the Office of the Attorney General to provide preliminary site assessment services, project financing, project management and liability protections.

Site Planning and Development Services:

The organization has broad powers to plan and implement activities to redevelop underutilized, deteriorated or blighted properties and open areas to encourage new development and promote sound growth. The PRA is exempt from the Uniform Procurement Act in accordance with an Approved Urban Renewal Plan, and has eminent domain powers making it particularly effective in large-scale and complex redevelopment projects and land assembly.

Programs and services offered through the Office of Community Development.

Micro Loan Program: Start-Up and Existing Business Loans

The Office of Community Development offers a Micro-Loan Program that provides loans to small businesses. Business loans are available to low-to-moderate business owners with five or fewer employees. Loans are offered from $5,000 to $50,000 with an interest rate of 2.63% for five years. These loans are provided under the Community Development Block Grant Program which is funded by Housing and Urban Development (HUD). A principal objective of the program is to meet the national objective of creating jobs for low-to-moderate income individuals. Loan funds may be used for leasehold improvements, inventory, sign and façade improvements, equipment purchases and working capital.

Business Counseling

Free business counseling is available to assist business owners with the development of a business plan as well as for marketing, management, and financial analysis. The Office of Community Development works with SCORE to provide these services. Prior the approval and award of a Micro-Loan new business owners must participate in business counseling through SCORE.

Free Graffiti Removal

The Office of Community Development offers free graffiti removal to businesses and private individuals whose structures have been affected by graffiti.

Rental Housing Development Loan Program:

Provided through the Plymouth Affordable Housing Trust this program provides a below market interest rate deferred 2nd Mortgage to developers for acquisition/construction of new affordable rental units.

To receive additional information contact the Office of Community Development at (508) 747-1620 x148.

For additional resources and services associated with Economic Development in the Town of Plymouth please visit these partnering agencies:

Office of Planning and Development

Office of Economic Development & Tourism

Plymouth Area Chamber of Commerce