Areas Served: City of Olney The purpose of the USDA Intermediary Relending Program (IRP) program is to alleviate poverty and increase economic activity and employment in rural Arkansas communities. Under the IRP program, loans are provided to local organizations (intermediaries) for the establishment of revolving loan funds. These revolving loan funds are used to assist
Read MoreAreas Served: City of Springfield The City of Springfield, Illinois through the Office of Planning and Economic Development (OPED), offers a loan program with the use of its Community Development Block Grant (CDBG) funds to facilitate the growth of the commercial/industrial business sector located, or planning to locate, within the corporate boundaries of the City.
Read MoreAreas Served: Henry County, Illinois The Rural Revolving Loan Fund (RRLF) uses capital provided by the Economic Development Administration and Henry County, for low interest loans to help qualified businesses locate, expand or remain in Henry County. These loans are supplemental, providing a portion of the total needed for a given project. The balance must
Read MoreAreas Served: Village of Richmond The Village has established this low interest business loan program in order to stimulate economic growth in the Village of Richmond, Illinois by assisting with the retention and growth of the existing industrial and commercial base, providing needed financial assistance to new start-up businesses, and encouraging the development of minority
Read MoreAreas Served: Pekin Illinois TIF #1 District Designed to dress up storefronts in the downtown historic district, this grant program includes improvements of visible exterior components for buildings located in the TIF #1 District. Eligible work items include: – Painting – Tuck Pointing – Sealing – Wall Cleaning – Wall Coverings – Doors and Doorways
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