GRANTS AND LOANS
GRANTSThe North Central Alabama Regional Council of Governments (NARCOG) provides technical assistance to local governments in the preparation and submission of grant applications and the management of grants. Grant programs on which staff assists include grants from the Appalachian Regional Commission ( ARC ), Economic Development Administration ( EDA ), Community Development Block Grant ( CDBG ), Land and Water Conservation Fund ( LWCF ), Recreational Trails Program ( RTP ) and other programs. The staff works with local governments in studying the feasibility of project ideas and the development of these ideas into fundable projects. For additional information, contact Joey Hester via telephone: 256-355-4515 extension 250 or via e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it REVOLVING LOAN FUNDNARCOG operates a Revolving Loan Fund ( RLF ) for the purpose of providing gap financing for businesses that are financially healthy and growing but cannot obtain adequate financing to complete an expansion or start-up project. The RLF Program participates with private lenders in approving loans that a bank might not ordinarily consider on their own. The Program makes good projects better by filling in a missing piece of the project financing. USE OF FUNDS
For additional information, contact John Thornton via telephone: 256-355-4515 or via e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it |
