Jeffersonville Redevelopment Commission considers forgivable loan program, by David A. Mann (N and T)
JEFFERSONVILLE — A proposed program that would offer new restaurants the incentive to locate in Jeffersonville through forgivable loans got some consideration Wednesday night by members of the Jeffersonville Redevelopment Commission.
Then the weird part:
“Everybody was totally for the program,” said James Lake, a current commission member who also served on the board last year.
He said such programs have worked to stimulate business in New Albany.
I'm not sure of which Lake speaks. Is he thinking about the Horseshoe Foundation's revolving loan program? But it isn't just for restaurants, and it is not forgivable.
I'm not sure what he means. Is Paul Wheatley reading?
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