Troy Capital Resource Corporation Bonds and Loans
Low-interest tax-exempt and taxable financing for eligible nonprofit, manufacturing, industrial, and economic development projects in Troy.
About this program
The Troy Capital Resource Corporation promotes community and economic development and job creation by helping eligible entities access low-interest tax-exempt and taxable financing for qualifying projects in the City of Troy. Eligible applicants may include nonprofit institutions, manufacturing and industrial businesses, and other organizations with projects that create or retain jobs, attract or retain industry, or otherwise advance public economic development purposes. The corporation is accepting applications for bonds and loans, while other financial requests are not currently open.
Eligibility
Nonprofit institutions, manufacturing and industrial businesses, and other eligible project sponsors with qualifying projects in the City of Troy that can use bond or loan financing for eligible capital or economic development costs.
Requirements
- Propose an eligible project located in the City of Troy
- Use financing for eligible capital, nonprofit, manufacturing, industrial, or economic development project costs
- Submit the Troy Capital Resource Corporation application for financial assistance for bonds or loans