Real Estate


Provides a zero-interest loan to fund real estate acquisition or improvements to create or retain permanent jobs in primarily rural communities and counties.

Program Deadline:

Applications due on the 20th of each month


  • Non-Entitlement city or county governments


  • Awards from $50,000 to $1,500,000

  • Funds for Acquisition, New Construction or Rehabilitation

  • 0% Interest Loan for up to 20 years

  • Based on the actual allocated amount and available program income, a minimum of $1,000,000 will be made available for each monthly round in Program Year 2015 for the Infrastructure/Real Estate Program