Place-Based Investment Loan Program

Applications are now available for small businesses and non-profits to receive funds from the Place-Based Investment Loan Program recently initiated by the Parish. The Program provides 0% interest loans for targeted redevelopment projects that create a positive visual impact and will accelerate economic activity. Loans may range from $5,000 to $50,000, with up to 40% forgiven.

Eligible projects include replacement of commercial signs; parking lot reductions or repavement with water management features; and facade improvements to commercial historic structures.

Projects must be located in one of the following corridors:

Major Corridor Overlay District (Airline Hwy., Hwy. 51, Belle Terre Blvd., or Woodland Drive)

River Road Historic District (Lucy, Edgard, Wallace)

Reserve Historic District

Garyville Historic District

Applications must first be submitted to determine project eligibility. This application can be found here.

Once a project is determined to be eligible, applicants may submit a loan application which can be found here.

For general questions about the program, please contact South Central Planning and Development Commission (SCPDC) by phone at 1-800-630-3791 or by e-mail at businessloans@scpdc.org

For project-specific questions, please contact the Planning and Zoning Department at 985-651-5565.

A list of Frequently Asked Questions (FAQ's) on the program can be found here.