Housing and urban development (HUD) home
Economic Development Revolving Loan Fund (EDRLF)
- To develop the economy through financial assistance of existing businesses with various specific projects.
- 9% Interest rate
- Federally funded
- Maximum loan amount: $200,000.00
- Application Fee: 100.00
Community Development Block Grant (CDBG)
- To help fund new and existing businesses in specific indutries.
- 9% fixed interest rates.
- Federally funded
- Maximum loan amount: $100,00.00
- Applications Fee: $100.00
Community service block grant (CSBG)
- To provide seed capital for both new and existing businesses & promote self sufficiency to qualifying businesses.
- 9% fixed interest rates.
- Federally funded
- Maximum loan amount: $100,000.00
- Application Fee: $100.00