Any Profit or Non-Profit entity that enhances tourism, creates jobs and expand economic development in the Ninth Congressional District are eligible for this loan fund.
The following restrictions apply:
A. 10-year term on real property (land and buildings)
B. 5-year term on equipment and machinery
C. No refinancing of existing loans
D. Loans must be collateralized
* Other restrictions may apply
Open NDDF fact sheet here. |