The Downtown Opportunity Fund is a revitalization incentive program from the City of Montrose and the Montrose Downtown Development Authority (DDA). Through the program, property and business owners can receive very low-interest loans, up to $20,000, to complete revitalization projects in the downtown district.The lending process is designed to be simple. The Fund is targeted towards improvement projects that enhance the safety, cleanliness, and appeal of downtown properties.
Step 1: Pre-Application and Initial Project Meeting
Step 2: Submit an Application and Supporting Materials
Step 3: Review Committee
Step 4: Documentation
Step 5: Monitoring and Quarterly Review Meetings
We do not discriminate on the basis of race, color, religion, gender, marital status, disability, age, national origin or sexual orientation in services or accommodations offered or provided to our employees, clients or guests.
Default and delinquency terms along with collection procedures are described in detail in the Opportunity Fund Administration Overview.