Tools & Incentives

Various tools and incentives are available to help you create your opportunity in downtown Oil City!

For further details, contact our office at 814-677-3152 x 101 or

Facade Improvement Grant Program

  • 50/50, reimbursable matching grants for exterior storefront improvements on eligible buildings located within the designated Oil City Main Street District.
  • Eligible projects include: awnings, signs, cleaning, painting, restoration, lighting, and professional design assistance.
  • Maximum grant: $5,000, subject to individual project limits.

Full details available through our Façade Grant Information page, or contact:

Stevette Rosen
Main Street Manager
(814) 677-3152 x 101

ARTS Oil City – Artist Revitalization/Relocation Program

  • All Residential-2 Zone properties in Oil City are now zoned by ordinance for live-work-gallery space, as long as 50% of items sold are created by the artist on the premises. In-home businesses must be approved by the Oil City Zoning Board.
  • Studio space for working artists is available in the National Transit Building for $0.90/square foot/month including utilities.
  • Non-profit downtown art galleries also offer a low monthly rate; a hanging fee may apply.

Learn more through ARTS Oil City, or contact:

Barbara Pierce
(814) 677-3152 x 104

Oil City LERTA (Local Economic Revitalization Tax Assistance)

  • Tax exemption for pre-approved alteration or new construction on eligible deteriorated or underutilized industrial, commercial or other business property.
  • Tax forgiveness on the assessed value of improvements for up to 10 years (100% year 1, sliding to 0% in year 10).
  • Must be filed with the City of Oil City at the time a building or alteration permit is secured.


Oil City Code Enforcement Office
(814) 678-3003

Federal & State Rehabilitation Investment Tax Credits

  • 20% Tax Credit for rehabilitation of income-producing historic buildings (10% may be available for non-historic buildings)
  • Must be “substantial rehabilitation” (amount of rehab is greater than adjusted basis of the building or $5,000; completed within 24-month period
  • Must remain under same owner & income-producing for 5 years

Get more information here or contact the Pennsylvania Historical & Museum Commission (PHMC):

Scott Doyle
(717) 783-6012

Karen Arnold

Oil City Qualified Federal Opportunity Zones

  • A federal tax incentive that encourages long-term investment of unrealized capital gains into certain low-income census tracts that have been designated by Governors as Qualified Opportunity Zones.
  • There are two zones in Oil City, including all of the North and South Side Business Districts and some surrounding residential areas.

More info, FAQ’s and map here.