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Northwest Loan Fund seeks county sign-on for new CDBG business-loan grant
Summary
Anita Cameron of the Northwest Business Loan Fund asked Rio Blanco County to sign an intergovernmental agreement and attachments so the fund can apply for a new Community Development Block Grant to support small business lending in the region.
Anita Cameron, director of the Northwest Business Loan Fund, told the Rio Blanco County commissioners on Feb. 25 that the fund is seeking county approval to be a signatory on a new Community Development Block Grant (CDBG) application that would supply loan capital and administrative funds for rural business lending.
Cameron said the CDBG money comes from the U.S. Department of Housing and Urban Development and that its primary purpose “is to create jobs.” She asked the board to sign the application, an intergovernmental agreement and six attachments so Eagle County (the lead county) can include Rio Blanco in the…
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