The Village of Pleasant Prairie will be applying for a grant on behalf of Kenosha Area Business Alliance (KABA) to retain funds currently connected with a Community Development Block Grant (CDBG) Revolving Loan Fund that KABA administers.
The State is currently working to dissolve CDBG Revolving Loan programs statewide. The State has asked loan administrators to either return Revolving Loan dollars or partner with a municipality to redirect those funds to qualifying projects under the CDBG Capital Grant Program. KABA manages this program in Kenosha County, totaling about $5.2 million. KABA approached the Village and through discussions were able to identify qualifying projects in Pleasant Prairie.
Read more at pleasantprairiewi.gov.