PROGRAMS

  • Businesses seeking loans must reside in the communities who are members of NewAllen including Grabill, Harlan, Hoagland, Monroeville, New Haven, Leo-Cedarville, and Woodburn.

  • Business loans are at 3/4 of the prime interest rate for equipment, infrastructure, and other approved purchases.

  • Real estate purchases are not eligible.

  • The Community Development Corporation of Northeast Indiana provides administrative support on loan origination.

  • Loans are rarely approved over $50,000.

  • Loans can be a secondary loan to a financial institution's loan.

  • A letter of reference is needed from a New Allen Alliance community board member when applying.

Applications are accepted on a rolling basis. Please submit your application to the NewAllen Alliance Board Member that represents your community (See Board Members)

  • Façade grants are only approved before or during a project, not after completion.

  • A letter of reference is needed from a NewAllen Alliance community board member when applying.

  • Rebates are given at 1/3 of the cost, up to $1,000.

  • Rebates are given upon completion of the project and submission of final completion form.

  • Improvement can be made to any outs

  • Projects can include any exterior surface that is seen by the public including but not limited to siding, signage, roof, landscaping, windows, doors, gutters, etc.

  • Labor by business owner is not reimbursable.

Applications are accepted on a rolling basis. Please submit your application to the NewAllen Alliance Board Member that represents your community (See Board Members)

 
 

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