Program Specialist, Cdbg Revolving Loan Fund
Current- The CDBG RLF program provides business loans to eligible small businesses who will meet a National Objective, as defined by HUD, by creating job opportunities for Low to Moderate Income (LMI) individuals. As such, the.
- Financing and/or refinancing of real property occupied by a small business where the definition of “occupied” and “small business” meet federal Small Business Administration defined standards.
- Financing and/or refinancing of equipment used for business purposes.
- Financing and/or refinancing of inventory and receivables.
- Financing of working capital, including costs associated with activities such as engineering, sales, leasehold improvements, installation expenses, technology acquisition and enhancement activities, etc.
- Financing and/or refinancing of debt used to exit or transition ownership into or out of the company.