Priority is given to timber-dependent and distressed area projects.
Other activities which represent new technology or a type of economic enterprise needed to diversify the economic base of an area Retail or service enterprises that will expand the community's economic base rather than primarily redistribute the existing customer base. Ineligible Projects RWLF will not finance a business with a negative net worth or when funds would be used for the reduction of an existing lender's risk position or to replace owner's equity. Under statute, the program may not finance projects which directly or indirectly assist in the development of a shopping mall. Funds can be lent for the acquisition, engineering, improvement, rehabilitation, construction, operation, or maintenance of any property, real or personal, that is used or is suitable for use by an economic enterprise. Working capital term loans are eligible costs.