The U.S. Department of Commerce’s EDA is partnering with the SFRPC to oversee and administer a new $5.9 million CARES ACT Business Revolving Loan Fund program that will alleviate sudden and severe economic dislocation caused by the coronavirus in Monroe, Miami-Dade, Broward, and Palm Beach counties.
The SFRPC works with the U.S. Department of Commerce, EDA to provide low interest rate loans to small- and medium-sized businesses in counties of Miami-Dade, Broward, and Monroe. The Council’s Revolving Loan Fund (RLF) Program is designed to meet the needs of businesses that are not met by conventional lenders.
The SFRPC is offering support to those homeowner associations and rental property owners within the region, allowing for capital improvements & repairs on their buildings to ensure a vibrant facility for our South Florida residents.