pasco county florida

Pasco Businesses Eligible for COVID-19 Redevelopment Loan

August 27, 2020

By: Staff Report, PR

PASCO COUNTY, Fla.- Make COVID-19 related modifications to your facility with Pasco County’s Redevelopment Loan Program.  The Offices of Economic Growth and Community Development are partnering to assist local businesses in making improvements to existing facilities that follow CDC or GBAC STAR Facility Accreditation guidelines for infectious disease outbreak prevention.

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Apply online: bit.ly/RedevelopmentLoanApp

The Redevelopment Loan Program is intended to help prevent, prepare and respond to the coronavirus pandemic. Pasco County is offering local registered businesses, non-profit organizations and property owners in target neighborhoods no-interest redevelopment capital loans to improve their business properties.  The Pasco Board of County Commissioners has appropriated $500,000 in federal Community Development Block Grant COVID-19 funding for the initiative.

  Redevelopment Loan Program Eligible Uses Include:

  • Repairs and modifications of existing facilities that are capital in nature.  Interior or exterior projects will be considered.
  • Accommodations for vulnerable populations.
  • Improvements to blighted properties and buildings requiring repair to ensure customer safety and to support a resilient local economy.
  • Create new employment opportunities or retain existing jobs in low- and moderate-income areas of Pasco County impacted by the COVID-19 pandemic.

Submit your application for a Redevelopment Loan at bit.ly/RedevelopmentLoanApp.  Please visit our Redevelopment Loan Program webpage for more information or contact Economic Growth Program Manager Troy Jackson: 727-815-7092 / TJackson@MyPasco.net.

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