The Stoughton Redevelopment Authority’s (RDA) downtown Revolving Loan Fund (RLF) was created to assist businesses and commercial property owners with building rehabilitation (interior and exterior), building construction, and furniture/fixtures/equipment. It is funded by Tax Increment District #4.

Businesses and mixed-use properties within the program boundary area are eligible for a loan up to $50,000.

Projects may include:

  • Interior remodeling (electrical, plumbing, walls, fixtures, HVAC, etc.)

  • Working capital

  • Furniture/fixtures/equipment (computers, desks,tables, appliances, etc.)

  • Exterior façade work (windows, tuckpointing, siding, awnings, etc.)

  • New building construction. Single properties may be eligible for more than one loan. For example, each business in a multi-tenant building may apply, and the property owner may also apply to remodel second floor residential or office space.

Revolving Loan Fund Flyer
Revolving Loan Fund Application