The Old Takoma Business Association, Your Main Street Takoma, is offering short-term no-interest loans to assist eligible federal government employees who reside in Takoma Park, MD and the Takoma neighborhood of Washington, DC. These loans are offered up to $2,000 and available with the completion of an application that demonstrates financial hardship.
Funds are limited and the application deadline for this phase of the program (additional phases are to be determined) is Friday, February 1, 2019, 5:00 pm. Applications will be reviewed and notification will occur by Monday, February 4, 2019. If application is accepted, applicant will sign a loan agreement and agree to Automated Clearing House (ACH) repayment from account 15 days after the resumption of federal pay.