Streetcar Business Assistance Program

Agency: City of Tempe
State: Arizona
Type of Government: State & Local
Posted Date: Aug 24, 2018
Due Date: Sep 18, 2018
Solicitation No: 19-049
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Solictation Number 19-049
Type Request for Proposal
Title Streetcar Business Assistance Program
Published Date 8/24/2018
Due Date 9/18/2018
Buyer Lisa Goodman (480)350-8533

The City of Tempe (¡°City¡±) is requesting proposals from qualified firms to administer an asset assistance program whereby qualified businesses are given access to a line of credit up to $20,000 for operational expenses during the streetcar construction. The initial line of credit will only be available until Tempe Streetcar begins operating (anticipated May 2021). Approximately 80 businesses in Tempe are eligible. The program has an estimated potential impact of $250,000. City funds shall be used to guarantee the line of credit with the awarded firm.

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