Areas Served: City of Covington The City of Covington, Kentucky has created a low interest loan program to encourage substantial rehabilitation of commercial buildings in the City’s three business districts, Downtown, Latonia and MainStrasse, for commercial and residential use. The intent of the program is to encourage substantial rehabilitation that reinforces the city’s goals. The
Read MoreAreas Served: Breathitt, Knott, Lee, Leslie, Letcher, Owsley, Perry, and Wolfe Counties The Revolving Loan Fund (RLF) is a source of financing for Kentucky industrial, commercial and tourism businesses located in Breathitt, Knott, Lee, Leslie, Letcher, Owsley, Perry, and Wolfe Counties and must be utilized in conjunction with conventional financing to meet the total financing
Read MoreAreas Served: Bath, Menifee, Montgomery, Morgan & Rowan Counties The Gateway Area Development District’s (GADD) Revolving Loan Fund (RLF) is a publicly administered development capital fund, established through a grant from the Economic Development Administration, U.S. Department of Commerce. It was established to provide debt financing for strategically targeted businesses unable to obtain adequate market
Read MoreAreas Served: Adair, Anderson, Barren, Boone, Bourbon, Boyle, Breckinridge, Butler, Caldwell, Campbell, Carroll, Casey, Christian, Clark, Crittenden, Cumberland, Daviess, Edmonson, Estill, Fayette, Franklin, Gallatin, Garrard, Grant, Grayson, Green, Hancock, Harrison, Hardin, Hart, Henderson, Henry, Hopkins, Jefferson, Jessamine, Kenton, Larue, Lincoln, Logan, Livingston, Lyon, Madison, Marion, McLean, Meade, Mercer, Metcalfe, Monroe, Muhlenberg, Nelson, Nicholas, Ohio, Owen,
Read MoreAreas Served: Bracken, Fleming, Lewis, Mason and Robertson County The Intermediary Relending Program funds are used to make business loans in the BTADD Counties (Bracken, Fleming, Lewis, Mason and Robertson). BTADD repays these funds to RD at a 1% rate of interest, with BTADD earning the interest on loans above the RD rate to BTADD.
Read More