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Georgia - Revolving Loan Funds

Policy Components Questions

1. Does a state program exist? No
2. Is the program funded? No
3. Is the program active? No
4. Does the state have a loan loss reserve program? No
5. Does the state use securitization? No

Policy Component information last updated July 02 2021

Description

The distinguishing characteristic of these public funds is that they are evergreen in the sense that the repaid principal and interest from loans made are re-issued to other loan recipients. In this way, the program funding “revolves” over time. For more information, see the full policy brief.

For more information on the components of the policy see the full policy brief.

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Recent Legislation

For historic legislation, visit http://www.aeltracker.org/