Real Estate


Provides a zero-interest loan to fund real estate acquisition or improvements to create or retain permanent jobs in primarily rural communities and counties.

Program Deadline:

Applications accepted quarterly


  • Non-Entitlement city or county governments

  • Improvements are intended to be owned by the applicant community and leased to the business. Real estate improvements require full repayment. Real Estate assistance is provided to purchase, construct, or rehabilitate real estate
  • Eligible Uses: Purchase of land and/or buildings, construction of buildings and/or site improvements, and rehabilitation of existing buildings.

  • Awards from $100,000 to $1,000,000

  • Funds for Acquisition, New Construction or Rehabilitation

  • 0% Interest Loan for up to 20 years