In August of 2000, the city of Anthony was awarded a Downtown Revitalization Grant through the Kansas Department of Commerce & Housing, for $68,600.  With this grant, the City of Anthony was able to establish a revolving loan fund for the downtown businesses that are within the Designated Downtown District.  The revolving loan money is available to eligible applicants to assist in a comprehensive downtown revitalization approach.  The downtown improvements are to strengthen the economic climate, create a more attractive environment, and enhance the function of the business district.

The program requires a designated downtown manager, which Donna Crowe with the City of Anthony, has been appointed by the City Commission.  Architectural design guidelines have been developed for the downtown district, incorporating historic preservation.  The design guidelines must be consistent with the Secretary of Interior's Standards for Rehabilitation and Guidelines for Rehabilitating Historic buildings.  These guidelines have to be met if you use federal money.  this project is to encourage building owners to preserve their buildings, not discourage.

     Guidelines for Revolving Loans:  Minimum - No Minimum

                                                       Maximum - $15,000

     Payback: Maximum of Five (5) years 

     Interest Rate: 1%

     Down Payment: Amount of loan cannot exceed 80% of project

     Collateral: Discretion of the Loan Committee

     Method of Payments: Quarterly payments will be required with the option of monthly payments

All loans will come before the Downtown Revitalization Revolving Loan Committee for final approval or disapproval.  Loan Committee:  Ron Poor, Kerry Schroeder, Don Jensen, Donna Crowe, and Amber Kummer.

For more information on the Downtown Revitilization Revolving Loans contact:  Donna Crowe, at the Anthony Police Department, 620-842-3134.