Local Government Capital Project Loan Program (LGCPL)

Overview

Low-interest loans to local governments for equipment and facility needs.

Uses

Rolling stock and data processing equipment purchases or the purchase, construction, renovation or rehabilitation of municipal facilities

Eligibility

Local governments with populations of 12,000 or less

Funding

50% of the total cost of purchasing equipment up to a maximum of $50,000 or 50% of the total cost for purchase, construction of renovation of municipal facilities up to a maximum of $100,000

Terms

2% interest rate; Repaid over a period not to exceed 15 years for a facility or the useful life of the equipment; Refer to program guidelines

How to Apply

Customer Service Center, Single Application for Assistance

Program Fact Sheet

Local Government Capital Loan Program (LGCPL)

FAQs

Access our Project Eligibility Checklist for the Local Government Capital Projects Loan Program.