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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.
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.
