Through an allocation of $400,000 in Rural Development loan funds from the U.S. Department of Agriculture’s Intermediary Relending Program, Palm Beach County has established the
USDA Rural Revolving Loan Fund for business and community development in rural parts of the county, including Belle Glade, Pahokee, and South Bay.
Selected through a competitive, nationwide application process, HES serves as an intermediary for this revolving loan fund. The loans issued will be leveraged by funding from other public and private sources to promote business growth and create jobs in the county’s rural communities.
Eligible projects may include: acquisition, construction, conversion, enlargement, or repair of a business facility which creates or retains jobs; land acquisition and development; purchase of machinery and equipment; working capital, and, pollution control and abatement.
For more information on the Rural Revolving Loan Fund, please contact:
Palm Beach County Department of Housing and Economic Sustainability, 100 Australian Avenue, Suite 500, West Palm Beach, FL 33406
Aaron Taylor, Economic Development Specialist; firstname.lastname@example.org, 561-233-3613
Stacey Amodio, Business and Economic Development Coordinator; email@example.com, 561-233-3671
Meri Weymer, Business and Economic Development Manager; firstname.lastname@example.org, 561-233-3600 or 561-233-3675 (direct)