Program Eligible Expenses
Eligible activities would include rehabilitation, restoration, ornamentation, and signage activities on front facades and back entrances in the City of Fergus Falls. Improvements to such things as signage, awnings, facades, windows, doors and exterior appearances are envisioned.
Eligible Borrowers
Eligible borrowers would include non-profits, building owners and business owners with building owner approval. The property must also be located within the City of Fergus Falls.
Loan Review Board
Business Development, Inc. will review all applications for compliance with program intent, which is to complement and enhance the Redevelopment Project.
Loan Limitation
$5,000 per applicant with 0% interest rate.
Monthly Payment
$100 per month.
Loan Term
Maximum of 42 months with $800 balloon payment at end of the term.
ApplicationClick Here for a PDF copy of the Application. Please fill it out and mail/fax it to the contact listed below.
Contact
Please contact Dennis Christenson at the Fergus Falls HRA office
1151 Friberg Avenue
Fergus Falls, MN 56537
Call (218) 739-3249
Fax (218) 736-4706
Email ffhra@prtel.com.
