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2019-08-21 EDA Packet
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2019-08-21 EDA Packet
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10/23/2019 9:23:44 AM
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8/19/2019 7:30:20 AM
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The following may be funded with the private sector (matching) loan portion only: <br />• Generally, all interior fixed improvements including the repair and/or construction of walls, ceilings, <br />floors, lighting, windows, doors and entrances <br />• Heating, ventilating and air conditioning improvements <br />• Wall and floor finishes and tenant business fixtures <br />• Roof repairs and replacement <br />Ineligible Costs <br />The followine costs are ineligible: <br />• Refinancing of existing debts <br />• Non -fixed improvements <br />• Working capital <br />• Inventory <br />• Sweat equity (payment for the applicant's own labor and performance for construction of <br />improvements) <br />• Internal improvements to mixed use buildings that involve the residential portion of the structure <br />
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