Business in Our Sites Grants/Loans (BOS)

Empowers communities to attract growing and expanding businesses by helping them build an inventory of ready sites. Financial Info: No maximum or minimum loan amount. However, the amount of the grant may not exceed $4,000,000 or 40% of the total combined grant and loan award, whichever is less. Private developers are only eligible for loans. Private developers are only eligible for loans. Repayment Loans will be patient – no repayment until property is sold or leased or 5 years from the date of closing, whichever comes first. Repayment Repayment Loans will be patient – no repayment until property is sold or leased or 5 years from the date of closing, whichever comes first.