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Community Economic Revitalization Board |
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When access roads and rail lines, sewer and water extensions, or some other public improvement is needed to spur private sector investments in King County, the revolving loan and grant program of the Community Economic Revitalization Board may be utilized. CERB monies are awarded to local communities on an "as needed" basis for public works projects. CERB-funded facilities may serve a wide variety of businesses, including manufacturing, processing, assembly, production, warehousing, distribution and businesses that support the trading of goods and services outside the state border.
Factors considered for projects seeking CERB funding include the number of jobs likely to be created; potential for economic diversification; local economic conditions; public and private sector capital commitments; feasibility of project completion; and the ability of the local government to repay.
For more information about the CERB program, contact the Washington State Department of Community, Trade, and Economic Development at (360) 725-4058.
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