Community Economic Development Loan Program (CED)
Low-interest loans for projects in distressed communities.
- land and building acquisition
- building, construction and renovation
- machinery and equipment acquisition and installation
- working capital
Loans up to $100,000 or 50 percent of total eligible project cost, whichever is less.
For-profit small businesses (100 employees or less) involved in the business to public service, mercantile, commercial or point of sale retail sectors that are located in a DCED designated distressed community, Keystone Opportunity Zone (KOZ).
Two percent interest rate
How to Apply
Area Loan Organizations or state accredited Community Development Financial Institutions (CDFIs)