Central Business District-Revolving Loan Fund
Provides funding for building renovations to current or prospective owners of commercial or commercial/residential properties used for business purposes.
Quincy/Adams County/Brown County Enterprise Zone
Offers tax abatements, sales tax exemptions on building materials and reduced permit fees to encourage investment.
Quincy Economic Development Revolving Loan Fund
Offers public financing to businesses that are already working with private sector lenders.
Tax Increment Financing (TIF)
Method of funding public investment in one of three districts slated for redevelopment by capturing, for a time, all of the increased tax revenue that may result if the redevelopment stimulates private investment.
Downtown II Tax Increment Financing (TIF)
Encourages investment and development in the area is generally bound by Ninth Street to the east, Broadway to the north, Fifth Street to the west and York to the south.
River Edge Redevelopment Zone
Helps revive and redevelop environmentally challenged properties adjacent to rivers in Illinois through sales tax exemption and property tax abatement incentives.
Retail Incentive Programs
The City of Quincy offers financial incentives to attract specialty retailers, revitalize existing retail properties and redevelop vacant stores.
Central Business District Loan Program and CBD Revitalized Loan Program
Stimulates the preservation and revitalization of the city’s historic downtown by providing financial assistance.
Downtown Rental Rehabilitation Program
TIF funds are set aside to encourage private investment in renovating vacant upper-floor residential properties.
Small Rental Rehabilitation Program
City still has the program but is not accepting new proposals.
Mid-Town Business District
Promotes the renovation and repurposing of portions of the Quincy Mall and the other properties within the area to make them more resistant to future retail and commercial development trends and facilitate their redevelopment.
54th Street Business District
Induces private investment in the construction of buildings and site improvements related to commercial development of five commercial lots on approximately 8.1 acres at the intersection of 54th and Broadway.
45 x 30 Plan
Aims to utilize multiple financial incentives and initiatives to increase the city’s population from about 40,000 residents to 45,000 by 2030.
Retail Marketing and Recruitment Initiative
Allows the city to work with NextSite, a national commercial development firm that specializes in identifying and connecting development opportunities to communities, tenant representatives and end-users.
SeeQuincy 2021 Marketing Plan
Aims to promote Quincy as a travel destination, targeting leisure travel and group travel for overnight stays and/or day trip adventures.