About the Community & Neighborhood Development Program ||| Currently Funded Activities ||| Results ||| Proposal Qualifications and Process ||| Materials Available from Us ||| How To Contact Us
| Agency and Title | Madison Development Corporation: Business Loan
Program 550 West Washington Avenue Madison, WI 53703 (608) 256-2799 |
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| Amount and Source | $850,000 (CDBG - Program Income) | ||||||||||||||||
| HUD Performance Category |
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| Outcome | 33 full-time equivalent jobs created and offered to LMI individuals | ||||||||||||||||
| Customer or Beneficiary | LMI individuals | ||||||||||||||||
| Activity | Provides loans to small business "export market" firms who will commit to creation of full-time employment positions made available to low and moderate income individuals; may involve cooperative agreements with the Small Business Administration and private lenders for a small business lending program, or land purchases and resale to assist small businesses | ||||||||||||||||
| Service Area | Citywide |