JEDI Zone Microloan Program
The City of Los Angeles JEDI Zone Microloan Program, administered by the Community Investment Department with the Los Angeles Development Fund and PACE, lends $10,000 to $50,000 to microenterprises and small businesses in approved Jobs and Economic Development Incentive Zones that private lenders cannot accommodate. Offered by City of Los Angeles Community Investment for Families Department; awards $10K – $50K.
Key Facts
- Funder
- City of Los Angeles Community Investment for Families Department
- Award amount
- $10K – $50K
- Deadline
- Rolling / not specified
- Geography
- Los Angeles, California
- Status
- Open
About This Grant
The City of Los Angeles JEDI Zone Microloan Program, administered by the Community Investment Department with the Los Angeles Development Fund and PACE, lends $10,000 to $50,000 to microenterprises and small businesses in approved Jobs and Economic Development Incentive Zones that private lenders cannot accommodate. Loans run five years at a reduced interest rate, with no payments in the first year (interest accrues and is added to principal) and fully amortizing payments in years two through...
Full requirements and application instructions: official listing.
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