Example Details

Example:
Provide low interest rate loans to meet the credit needs of businesses that are not entirely served by conventional lenders.
Objective:
Accessibility
Strategy Category:
Land Use: Encourage smart growth through land use planning and development approval processes
Strategy:
(II.D.07) Encourage development to focus growth in transit-supportive nodal patterns including future premium transit station areas
Originators:
SFRPC
Implementors:
SFRPC
Timeframe:
Ongoing
Applies Systemwide?:
Yes
Comments:

The South Florida Regional Planning Council is working with the U.S. Department of Commerce, Economic Development Administration to provide low interest rate loans to small and medium-sized businesses within Miami-Dade, Broward, and Monroe counties. The Council’s Revolving Loan Program is designed to meet the credit needs of businesses in our region that are not entirely served by conventional lenders.

SFRPC Revolving Loan Fund webpage

SFRPC is considering developing a loan fund program for TOD. The Council is currently working on a business plan for the TOD loan fund, and expects it may be ready to launch in mid to late 2018. The objective of this program would be to help fund TOD projects where traditional financing has a gap.

Example last updated August 2017

Contact: Christina Miskis, SFRPC

Ex. ID 614

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