Portland Enterprise Zone Program
Contact Anne Crispino-Taylor, E-Zone Program Coordinator, email or 503-823-3268
The Enterprise Zone (E-Zone) Program is a state economic development program that allows property tax exemptions for up to five years in exchange for job creation and public benefits.
The Portland Enterprise Zone exists primarily to incentivize firms by offering local property tax exemptions to invest in new construction and personal property to create quality jobs. The E-Zone geography has evolved over time, most recently with the 2023 addition of areas of downtown Portland, to encourage firms to invest in growth in core business districts and revitalize the Central City.
In 2017, the program embedded public benefit agreements in the requirements, which represented a shift from transactional to more relationship-focused economic development and gained attention among economic development practitioners. The changes require locally rooted partnerships and organized stakeholders that deliver shared value to businesses, workers, and communities.
Prosper Portland’s engagement with dozens of non-profits related to entrepreneurship, workforce development, education, and social justice and community building allows businesses to quickly find the right partnerships to succeed in meeting public benefits requirements.