Governor Charles D. Baker's Budget Recommendation - House 2 Fiscal Year 2017

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7007-0801 - Microlending

Account Description FY 2016
FY 2017
House 2
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
300,000 300,000


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