Do you own rental property that needs some updating? Or are you looking to redevelop an unoccupied dwelling? The Murray County EDA Rental/Redevelopment Program could be right for you.
The program opens the first business day of January each year, and is a first-come, first-served low interest loan for rehabilitating rental or redevelopment homes in Murray County.
Borrowers (landlord/property owner) must supply a 1:1 match of private funds. Rentals of 3 or fewer units are eligible for up to $20,000. Rentals of 4 units or more are eligible up to $30,000.
Entire guidelines and application can be found in links below. For more information, contact Justine Wettschreck at 507-836-6023 or email email@example.com.