Section 108 Loan Guarantee
Sponsored by U.S. Department of Housing and Urban Development
Award
$500,000 – $25,000,000
Deadline
Rolling / no published deadline
Geography
Open nationwide
About this grant
Loan guarantees backed by future CDBG allocations. Lets entitlement communities borrow up to 5x their annual CDBG to finance large neighborhood revitalization projects including park & playground complexes.
Eligible organization types
- municipality
- county
Project types funded
- parks
- recreation-center
- neighborhood-revitalization
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