Plp loan program

Once applicants are invited into the program they are assigned a technical advisor from the Coalition to visit the site, meet with the board and staff, and work on a development plan. The PLP loan matures at either the time of closing the permanent or construction financing for multifamily projects, the sale of single family homes, or three years, whichever occurs first see Chapter , Florida Administrative Code PLP Rule here.

Technical assistance is provided to guide the applicant in planning the development, including these tools:. Email Address. City, State. Predevelopment Loan Program The initial decision to move forward to develop or rehabilitate housing springs from inspiration, but the successful completion depends on making good choices when getting the project off the ground.

For more information on PLP, call us at The program is targeted to assist low-to-moderate income people by creating job opportunitie The Program provides long-term, fixed-rate financing to new or expanding small businesses in exchange for jo The EDGE program is designed to offer a special tax incentive to encourage companies to locate or expand operations in Illinois when there is active consideration of a competing location in another State.

The program can provide tax credits to qualifying companies, equal to th ETIP grants can reimburse new or expanding companies for up to The Illinois Enterprise Zone Program is designed to stimulate economic growth and neighborhood revitalization in economically depressed areas of the state. This is accomplished through state and local tax incentives, regulatory relief, and improved governmental services.

The HIB program is designed to encourage large-scale economic development activities, by providing tax incentives similar to those offered within an enterprise zone to companies that propose to make a substantial capital investment in operations and will create or retain above average number of jobs The Illinois Capital Access Program CAP is designed to encourage financial institutions to make loans to small and new businesses that do not qualify under conventional lending policies.

CAP is a form of loan portfolio insurance, which provides additional reserve coverage to the lender o The AgriFIRST program is designed to provide grants to persons and agribusinesses in Illinois for the purpose of developing projects that enhance the value of agricultural products or expand agribusiness in Illinois Learn More.

IDOT has several programs that provide state assistance in improving highway and rail access improvements to new or expanding industrial, distribution or tourism developments. The focus of these programs is the retention and creation of Illinois jobs. Funding may be available for transportation improvement project The Illinois State Treasurers Office offers a number of programs that are designed to assist the Illinois business community by providing access to capital and financing at affordable rates in order to promote economic development activities that create and retain jobs within the state.

Funds available through the program may be used b