Access to Capital

Additional City Resources

The BPDA works closely with the City of Boston's Department of Neighborhood Development (DND), who provide services and programs through seven divisions:

  • Administration & Finance 
  • Director's Office 
  • The Boston Home Center 
  • Neighborhood Housing Development
  • Office of Business Development
  • Policy Development and Research
  • Real Estate Management & Sales

The Office of Business Development (OBD), an office under the Department of Neighborhood Development, provides entrepreneurs and existing businesses with access to financial and technical resources. OBD also supports the nationally recognized Boston Main Streets program, designed to promote the continued revitalization of the City’s neighborhood commercial districts through public/private partnerships.

DND Loans

  1. Small Business Assistance
    • Neighborhood Restaurant Initiative
      • An effort to support the revitalization of the city's commercial districts.
      • The initiative provides a menu of resources ranging from business instruction to assistance with licensing and permitting, to marketing and design, and also includes a financing option.
    • ReStore Boston
      • ReStore helps neighborhood business and property owners with storefront and signage improvements.
      • Provided professional design services to over 300 businesses and completed 80 storefront improvement projects.
      • ReStore Boston provides matching loans and grants (up to $7,000 per storefront) to help neighborhood business and property owners complete storefront renovation projects. All loans and grants must meet eligibility criteria.
      • In addition to funding, ReStore Boston provides professional architectural design services at no cost to the business to ensure improvements are well planned and of the highest quality.
  2. Other City Programs
    • Boston Buying Power: Allows small businesses to benefit from competitive electricity and natural gas rates negotiated by an outside broker on behalf of the purchasing group.
    • Boston Invests in Growth: Loan pool for large commercial developments, designed to jumpstart well-financed construction projects, create jobs, and strengthen Boston’s economy. 
    • Partners with Non-Profits: Provides matching grants up to a maximum of $25,000 per project per fiscal year for capital improvements to non-profit facilities located in Boston.
  • Boston Planning & Development Agency
  • One City Hall Square, Boston, MA 02201
  • Tel: 617.722.4300  Fax: 617.248.1937
  • © 2018 Boston Planning & Development Agency