Source and Use Statment - Direct Loans - Cdbg / Eip Program - Georgia (United States)

Source and Use Statment - Direct Loans - Cdbg / Eip Program - Georgia (United States)

Source and Use Statment - Direct Loans - Cdbg/Eip Program is a legal document that was released by the Georgia Department of Community Affairs - a government authority operating within Georgia (United States).

FAQ

Q: What is the Direct Loans - CDBG/EIP Program in Georgia?A: The Direct Loans - CDBG/EIP Program in Georgia is a program that provides financial assistance through direct loans to eligible applicants for economic development projects.

Q: Who is eligible to apply for the Direct Loans - CDBG/EIP Program?A: Eligible applicants for the Direct Loans - CDBG/EIP Program include businesses, local governments, and non-profit organizations.

Q: What can the funds from the Direct Loans - CDBG/EIP Program be used for?A: Funds from the Direct Loans - CDBG/EIP Program can be used for a variety of purposes, including land or building acquisition, construction or renovations, machinery and equipment purchases, and working capital.

Q: How can I apply for the Direct Loans - CDBG/EIP Program?A: To apply for the Direct Loans - CDBG/EIP Program, you can contact the Georgia Department of Community Affairs, which administers the program.

Q: What is the repayment term for the Direct Loans - CDBG/EIP Program?A: The repayment term for the Direct Loans - CDBG/EIP Program varies depending on the project, but it typically ranges from three to five years.

Q: Is there an interest rate for the Direct Loans - CDBG/EIP Program?A: Yes, there is an interest rate for the Direct Loans - CDBG/EIP Program. The specific rate will be determined based on the project and the borrower's qualifications.

Q: Are there any other requirements for the Direct Loans - CDBG/EIP Program?A: Yes, there may be other requirements for the Direct Loans - CDBG/EIP Program, such as job creation or retention objectives, and compliance with environmental regulations.

Q: Can individuals apply for the Direct Loans - CDBG/EIP Program?A: No, individuals are not eligible to apply for the Direct Loans - CDBG/EIP Program. Eligible applicants are businesses, local governments, and non-profit organizations.

Q: What is CDBG/EIP?A: CDBG/EIP stands for Community Development Block Grant/Economic Injury Program. It is a program that provides financial assistance for economic development projects.

Q: Who administers the Direct Loans - CDBG/EIP Program in Georgia?A: The Direct Loans - CDBG/EIP Program in Georgia is administered by the Georgia Department of Community Affairs.

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Form Details:

  • Released on January 1, 2014;
  • The latest edition currently provided by the Georgia Department of Community Affairs;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Georgia Department of Community Affairs.

Download Source and Use Statment - Direct Loans - Cdbg / Eip Program - Georgia (United States)

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