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Program for Arts and Social <br /> Services <br /> "...to provide space and equipment necessary for social service and arts organizations <br /> to carry out their missions for the benefit of Minneapolis residents." <br /> Who's Eligible: Non-prifit arts and Current Budget $250,000 <br /> social services organizations <br /> Application Procedure: A Request for Estimated Annual Production: <br /> proposals will be issued each year 10-20 loans <br /> Contact Person: Bill Tetzlaff, 673-5168, Commercial Development Department <br /> Program Summary: Loans of up to $25,000 to meet capital needs. Applicants must not <br /> be eligible for other MCDA programs. Loan cannot exceed 20% of capital project cost. <br /> Repayment terms negotiable, 20 year maximum. <br /> - 37 - <br />