Forgivable Loan RDA Approved with Allsidz Construction
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Description
The Village of Cambridge adopted Ordinance #26-05 entering into an RDA with Allsidz Construction, providing a $25,000 forgivable loan for renovation of a home at 610 W. Court St. The financial assistance supports residential property improvements in the village.
Contract Details
Contract Amount
$25,000.00
Vendor
ALLSIDZ CONSTRUCTION
Agency
Town of Cambridge, IL
Contract Type
FINANCIAL_SERVICES
Document Date
March 30, 2026
Renewal Info
Forgivable loan terms and any forgiveness schedule are governed by the RDA; a specific duration was not recorded in the minutes.
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