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Historical
Project Summaries
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In
Fiscal Year 2004, HUD approved sixty five Section 108 loan guarantee
commitments in the aggregate amount of $287,082,000. The Section
108 loan guarantee program provides local governments with a highly
attractive option for financing a wide range of community and economic
development activities. In some cases, the financial demands of
these activities exceed available local resources, including funds
available through the CDBG program. In other cases, the activities
are well suited to the affordable, structured financing available
through the Section 108 program. For further program details, click
here for the Section
108 fact sheet or the Section
108 program home page.
Nineteen
of these projects were further assisted by HUD through the competitive
award of Economic Development Initiative (EDI) and Brownfields EDI
(BEDI) funds. Individual project descriptions provide further detail
with regard to EDI and BEDI grant amounts.
Section
108 Projects by State
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