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Cook County Revolving Loan Fund
The purpose of the Cook County Revolving Loan Fund (RLF) is to promote economic development within Cook County by providing loans to businesses located, or to be located, within Cook County and to promote affordable housing for employees of those businesses, as necessary, for continued economic development within the County.
Loans made or provided by the County are intended to create and maintain permanent private sector jobs, expand the tax base and increase economic productivity; and/or create the inducement necessary to allow a project to proceed, and/or for employee housing if businesses cannot retain or attract employees because of a lack of affordable housing.
Loans made or provided by the County are intended to complement, not compete, with private lending institutions.