FY 2019 Section 108 Loan Guarantee Program
Posted @ Thursday, February 21, 2019 By Gabrielle Bronstein
Posted in [ Clients Only, Economic and Community Development, TFG Grants, Grant Announcements ] | 0 Comments
WHAT DOES IT FUND? This program provides financing to support economic development, housing rehabilitation, public facilities, and other physical development projects including improvements to increase resilience against natural disasters. The program allows applicants to transform a small portion of their Community Development Block Grant (CDBG) funds into federally guaranteed loans large enough to pursue physical and economic revitalization projects capable of renewing entire neighborhoods. Click here for more information.
WHO'S ELIGIBLE? States; CDBG entitlement recipients such as metropolitan cities and urban counties; non-entitlement communities that are assisted in the submission of applications by states that administer the CDBG program; small businesses; incubators; and micro-enterprises
WHEN'S IT DUE? Rolling