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Account | Description | FY2015 Spending |
FY2016 GAA |
---|---|---|---|
7007-0801 | Microlending For microlending grants of up to $100,000 which shall be issued to established community development financial institutions and community advantage lenders making direct microenterprise and small business loans to borrowers on a regional basis, and providing technical assistance to applicants and borrowers in order to foster business establishment and success; provided, that the funds shall be used to support the eligible organization's lending and technical assistance activities; and provided further, that not less than $100,000 shall be granted to the north central Massachusetts region for these purposes |
300,000 | 300,000 |