Topic: Suzanne Langford

Special Loan Program Available To Downtown Property Owners

April 17, 2009 |

Clarksville’s Downtown District Partnership has developed a loan program coordinated  through six Clarksville banks  that will make loans available to downtown property owners for exterior building improvements. The Facade Improvement Loan Program was announced on January 22 during the Ten Year Tornado Commemoration breakfast hosted by the DDP, however details of the program were still being finalized at that time.

According to DDP Chairman, Scott Giles, “The Downtown District Partnership has been in discussion with local lenders to get this program up and running and we’re delighted to have great support from our banking community.” The intent of the facade improvement program is to encourage businesses or residential property owners to work with the participating bank of their choice. Each of the six banks has committed to making $500,000 in funds available to loan. These funds are offered to borrowers at favorable rates for qualifying improvements. «Read the rest of this article»

Sections: Business | No Comments

© 2009 Clarksville, TN Online is owned and operated by residents of Clarksville Tennessee.
» We are Hosted by Compu-Net Enterprises; In Partnership with Discover Clarksville and Discover Paris