The Foundation recently provided a $215,000 loan to the Monroe DDA for the redevelopment of a 3.7-acre property in downtown Monroe. The property includes an early 1900’s depot, a former residence, an old cotton warehouse building, and an old grocery warehouse building. The completed project houses leasable space for as many as nine commercial businesses. The total project cost is $1,455,000.
Project Cost: $1,455,000 GCF Loan Amount: $215,000