Community Development Revolving Loan Fund

At a glance

  • What: The Community Development and Economic Development Revolving Loan Funds, which make small business loans.
  • Where it stands: On August 5 the committee agenda listed a request to restructure a previously approved $70,000 loan into a $24,968.31 equipment loan and a $35,000 working capital loan, plus fund status reports. Outcomes are not recorded here.
  • Next: Check later committee records.

Details

  • See the Log for the meeting-by-meeting record.

Sources

Log

2026-08-05 - Community Development Block Grant Revolving Loan Committee

  • Agenda: a request to restructure a previously approved $70,000 loan into a $24,968.31 equipment loan and a $35,000 working capital loan; fund status reports.

2026-09-08 - Redevelopment Authority

  • Agenda: reallocation of $200,000 of Community Development Revolving Loan Funds to Parks and Infrastructure improvements and authority to foreclose on a delinquent loan.

2026-09-22 - Community Development Block Grant Revolving Loan Committee

  • Agenda: possible action on a $14,000 working capital loan request from a local business; fund status reports.

2026-10-21 - Community Development Block Grant Revolving Loan Committee

  • Agenda: loan request from Titleshot Athletic Club LLC to borrow $180,000 for construction costs; CD RLF status reports.