July 1, 2010
The Morgan Hill, CA Redevelopment Agency (RDA) has joined forces with NDC to bring much-needed credit to Morgan Hill’s small businesses. The RDA kicked off the new partnership with a $500,000 investment to create the Grow Morgan Hill Fund, which will be administered by NDC’s Grow America Fund (GAF). In addition to this program, which is expected to provide over $2 million in credit to Morgan Hill’s small businesses through GAF”s SBA-guaranteed loans, NDC will be providing its signature development assistance services to support the community’s economic development goals.
Read the complete story at the Morgan Hill Times.