Lakewood Reinvestment Authority Meeting Agenda Packet October 2025
Lakewood Continues Revolving Loan Partnership with Colorado Enterprise Fund
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Description
Lakewood Reinvestment Authority continues its partnership with Colorado Enterprise Fund as part of a revolving loan program supporting small businesses. The Authority provides a $650,000 pledge, matched by CEF funds, to finance commercial property improvements and local investments with new, flexible loan terms.
Contract Details
Contract Amount
$500,000 (matching funds)
Vendor
COLORADO ENTERPRISE FUND
Agency
City of Lakewood, CO
Contract Type
FINANCIAL_SERVICES
Document Date
October 20, 2025
Contract Term
Three to seven years (loan terms for businesses); partnership ongoing since program launch
Renewal Info
Program framework revised in 2025 to boost participation; partnership ongoing, extended as part of 2026 budget adoption.
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