Columbia Heights Offers Microloan Program for OMS Impact
The Columbia Heights Economic Development Authority is offering forgivable microloans of up to $10,000 for local businesses affected by federal immigration enforcement, according to the city’s website. The loans may cover up to four months of a commercial lease or mortgage. The loans carry no interest and run for eight months. Loan forgiveness is contingent on the business continuing to operate without interruption in the same commercial space for the full eight months. ...