Revolving Loan Fund

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Basic Info


The Local Revolving Loan Fund (RLF) is created after a local government receives a Community Development Block Grant (CDBG) Employment Incentive Program (EIP) or Redevelopment Fund Program (RDF) grant.  The RLF is then used for the low interest loans, leases, or other activities to expand economic opportunities, principally for the persons of low and moderate-income.