Provides a zero-interest loan to fund real estate acquisition or improvements to create or retain permanent jobs in primarily rural communities and counties.
Applications due on the 20th of each month
Non-Entitlement city or county governments
Awards from $50,000 to $1,500,000
Funds for Acquisition, New Construction or Rehabilitation
0% Interest Loan for up to 20 years
Based on the actual allocated amount and available program income, a minimum of $1,000,000 will be made available for each monthly round in Program Year 2015 for the Infrastructure/Real Estate Program
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