Local Government Capital Project Loan Program (LGCPL)

Overview

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

Uses

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

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

Eligibility

Local Government with populations of 12,000 or less

Terms

2% interest rate; Repaid over a period not to exceed 10 years or the useful life of the equipment or facility; 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.

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