|
|
Downtown Developmental Incentives
Rehab
Are you rehabbing your house or building? The Alliance office has over 40 pamphlets that provide information to help you evaluate your property, offer ideas and suggestions and checklists for trouble areas.
The Revolving Loan Fund
Available for both the city of Kenton and Hardin County, the Revolving Loan Fund is designed to encourage new start up business. It allows a business to receive a portion of its project funding in the form of a low interest loan based the number of new jobs the project will create.
Kenton Historic Courthouse District Exterior Building Improvement Loan
Through three banking institutions loans are available for downtown building owners who would like to improve the exterior of their buildings.
The minimum loan amount is $2500.00 with the maximum being $10,000.00 per borrower.
This loan is a maximum of 60 months.
Loan rate is fixed for the term of the loan, based on the prime rate with a floor of 5%.
Loan payments are made monthly.
Only one loan per building, through this program at this time.
More information is available at the Alliance office.
Want to start a new Business?
Stop by our office and discuss your ideas and plans with our staff. We have several resources available and work closely with the Small Business Development Center to help you plan and reach your goal.
|