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Agenda - 09-20-2018 6-b - Discussion on Proposed Nonprofit Capital Funding Policy and Criteria
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Agenda - 09-20-2018 6-b - Discussion on Proposed Nonprofit Capital Funding Policy and Criteria
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9/12/2018 2:23:31 PM
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BOCC
Date
9/20/2018
Meeting Type
Regular Meeting
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Agenda
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6-b
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Minutes 09-20-2018
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\Board of County Commissioners\Minutes - Approved\2010's\2018
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5 <br /> Background <br /> 0 At the June 12, 2018 BOCC Meeting Board Directed Staff to: <br /> ➢ Develop Capital Funding Policy for Nonprofits <br /> ➢ Establish Loan Eligibility Criteria for Nonprofits <br /> ➢ Determine terms for $100,000 loan to Inter-Faith <br /> Council for Social Services, Inc. <br /> ➢ No indication of funding from the Towns <br /> ➢ Identify future funding sources for Revolving Loan structure; <br /> Finance recommends Community Loan Fund <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />
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