Benton-Franklin Council of Governments Board Meeting Agenda April 2026
EDA CARES Loan Fund Transfer Planned to TEDD
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Description
BFCOG intends to transfer its EDA CARES Revolving Loan Fund to the Tri-County Economic Development District under an EDA-approved administration plan. The move will consolidate loan administration while maintaining access for Benton and Franklin County borrowers through TEDD’s Rural Opportunities Loan Fund.
Contract Details
Vendor
TRI-COUNTY ECONOMIC DEVELOPMENT DISTRICT
Agency
Tri-Cities Metropolitan Area Transportation Study, WA
Contract Type
FINANCIAL_SERVICES
Document Date
April 17, 2026
Renewal Info
Once EDA approvals are finalized, this will be a permanent transfer of the CARES revolving loan fund program to TEDD, not a renewable agreement.
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