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Richmond, VA 23219

 

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Economic Development Revolving Loan Program

The purpose of the Economic Development Revolving Loan Program is to provide financing to local developers and small businesses pursuing Section 108-eligible projects, which will improve economic opportunities for low and moderate income persons through job creation. 

The maximum loan amount is  $500,000, however exemptions will be considered in a case by case basis. Interest rates vary based on credit risk and market conditions.

To learn more information about the Economic Development Revolving Loan Program, please click for the brochure and/or application.