COMMUNITY INVESTMENT FUND LOANS
The Community Investment Fund (CIF) accepts loan applications on an ongoing basis. Applications are reviewed by the Headwaters Fund Board at their monthly meetings and recommendations for funding then go to the Board of Supervisors.
There are two separate programs:
1. Financing for Industries program offers loans for infrastructure related projects that benefit businesses. Eligible projects include industrial parks, transportation infrastructure, telecommunications networks and facilites and other projects that facilitate business and economic development in Humboldt County.
Financing for Industries Program Overview PDF Word
Financing for Industries Program Application PDF Word
2. Financing for Communities program offers loans for infrastructure related projects which benefit community or residential areas. Eligible projects are water, sewer, drainage, power, telecommunications, workforce housing, and transportation facilities or systems.
Financing for Communities Program Overview PDF Word
Financing for Communities Application PDF Word
In addition the Headwaters Fund Board is especially interested in providing bridge loans to small community service districts which need funding to do pre-development work in order to secure state and federal funding for water system improvements. Contact the Headwaters Fund Coordinator for more information at delsbree@co.humboldt.ca.us
Funded Projects
2009-10 Grant Fund
To date, three grants have been awarded from the grant fund:
$15,531 to the UC Extension for Agriculture, Nature and Heritage Tourism
$48,000 to Fortuna High School for an Eel River Digital Media Academy
$16,347 to the Mattole Restoration Council for a Diversified Forest Economy Project
To learn about PAST projects, view these final grant reports
To learn more about our ACTIVE grant projects, view these grant applications
2009-10 Community Investment Fund (CIF)
Three grant projects have been funded so far this year:
$50,000 to the Mid Klamath Watershed Council towards purchasing the Panamnik Building as a community economic development center.
$300,000 to St. Joseph's Hospital to purchase telemedicine equipment for the new Northeast Tower.
Full Technical Proposal for Economic Impact Study
$75,000 to the City of Eureka for a Broadband Stimulus Project