| IBB Program | Description | IBB Closing Fee | Board Approval | Application Date | Closing Dates |
|---|---|---|---|---|---|
| Community Funding Resource | Term over 10 years | $35,000 | Yes | 3 weeks before board meeting | Monthly-see website calendar |
| Community Funding Resource | Term under 10 years and Par Amount over $1 million | $30,000 | Yes | 3 weeks before board meeting | Monthly-see website calendar |
| Community Funding Resource | Term under 10 years and Par Amount of $1 million or less | $25,000 | Yes | 3 weeks before board meeting | Monthly-see website calendar |
| READI Match Program | Term under 10 years and Par Amount of $1 million or less | $12,500 | Yes | See schedule on website | See website calendar |
| Interim Loan Program (Construction) | Par Amount Above $1,500,000 | $25,000 | No - Subject to MA Review | 2 weeks before closing | Monthly-3rd Wednesday |
| Interim Loan Program (Construction) | Par Amount below $1,500,000 | $20,000 | No - Subject to MA Review | 2 weeks before closing | Monthly-3rd Wednesday |
| Interim Loan Program (Pre-Construction) | $25,000 | No - Subject to MA Review | 3 weeks before closing |
Monthly-3rd Wednesday |
|
| RAPID Program | Term up to 24 months and Par Amount of $1 million or less | $10,000 | No-Subject to MA Review | 2 weeks before closing |
See website calendar |
| Advance Funding | Low all-in rate for tax anticipation warrants | $0 | No - Subject to MA Review | Each Fall | 4th Thursday of January |
| Advance Funding - Interim | Low all-in rate for tax anticipation warrants | $0 | No - Subject to MA Review | Each Fall | Early January |
| Advance Funding - Midyear | Low all-in rate for tax anticipation warrants | $0 | No - Subject to MA Review | Each Spring | Early June |
| Fuel Budgeting Program | Includes purchase of fuel hedge and all administrative costs | 15 cents per gallon | No - Subject to MA Review | Each Fall | Early December |
| Hoosier Equipment Leased Purchase Program (HELP) | Varies by amount borrowed and lender | Provided in proposal | No - Subject to Lender Review | Any Time | Any Time |
