Back to Search Start Over

The 504/CDC Loan Guaranty Program.

Authors :
Dilger, Robert Jay
Lowry, Sean
Source :
Congressional Research Service: Report; 6/5/2017, p12-13, 2p
Publication Year :
2017

Abstract

The article reports on the use of Certified Development Companies (CDCs) by 504/CDC loan guaranty program which are private, nonprofit corporations established to contribute to economic development within their communities. It mentions that the program provides long-term fixed-rate loans for land, structures, machinery, and equipment. It also mentions that commercial lender provides 50 percent financing package.

Details

Language :
English
ISSN :
07317069
Database :
Complementary Index
Journal :
Congressional Research Service: Report
Publication Type :
Report
Accession number :
123632017