Evaluation

Proposed projects for Community Development Fund loan funding must meet the following conditions:

• The proposed project must have a public purpose or provide a clear public benefit. Such benefits must be quantifiable and presented as part of the application.
• CDFA’s support is necessary to advance the proposed project.
• The applicant can document that sufficient funding and/or financing is committed for the balance of project costs.
• The applicant has received or will seek approval for all applicable environmental, zoning, building, planning, and sanitation laws and regulations needed for the proposed project.
• The applicant has the management and financial capacity to coordinate and oversee project activities.

An outline of CDFA’s Community Development Fund loan application can be found in Appendix A.