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Established in FY 2012-13 with $100,000 General Fund balance <br />appropriation <br /> <br />Provide no interest loans for Residents to make water and sewer <br />connections <br /> <br />Loans range from $3,500 to $10,000 with repayment terms up to 10 years <br /> <br />Loans secured by Deed of Trust <br /> <br />Five Loans Outstanding; Tax Office bills each of these residential parcel <br />owners annually <br /> <br />FY 2017-18 additional $200,000 transferred to the fund via Budget <br />Amendment 10 to support additional sewer connection loans <br /> <br />Current balance in the Community Loan Fund is $282,837 <br /> <br /> <br /> <br /> <br /> <br />Community Loan Fund <br /> <br />8