Community Development Loans
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Purpose:
Major loans available to non-profit community based organisations and clubs for improving or developing new or existing facilities.
Range of assistance:
$25,000 - $250,000 - 5 year low interest 50% of 90 day bank bill rate at time of uplifting loan
Date/decision applications close:
Applications are considered by the Community Development Committee four times a year.
Total available per year:
$500,000 available but when all funds allocated limited to $100,000 per annum (repayments).
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