The city also loaned $350,000 through the urban renewal downtown revitalization loan program
A second program, the Downtown Revitalization Loan Program
, is a flexible financing program designed to encourage investments within the Downtown Urban Renewal District that contribute to the economic vibrancy and density goals for downtown, Hammond said.
The city loaned Belly $50,000 at 4 percent interest over seven years under its downtown revitalization loan program
In addition, Kesey received a $250,000 low-interest loan from the city of Eugene's Downtown Revitalization Loan Program
Faced with ORI's $5.2 million financing gap, Taylor is willing to loan the firm $2 million from two sources: $1.5 million from a downtown revitalization loan program
, and $500,000 from a business development fund.