EDA reports gap-lending funds, workforce housing study and meat-processing site study
The Economic Development Authority has just over $100,000 in a gap-lending fund, has secured a grant for a Page County workforce housing assessment, and is studying a regional meat-processing facility sited in Shenandoah that could move to private investors after acquisition.
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Leslie Curley, speaking for the Economic Development Authority, said the EDA currently has "a little over a $100,000 available" in a gap-lending program to help close financing gaps for businesses and is in discussions with three potential enterprises seeking financing. Curley said the EDA recently secured a grant to conduct a workforce housing assessment focused on Page County and has allocated funds to develop concept designs for an EDA-owned property intended to address workforce housing needs.
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