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Volunteer Emergency Service Organization Loan

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State: NJ

Agency: Department of Community Affairs (DCA); Division of Fire Safety

Description: To assist full and partial volunteer fire companies, first aid, and rescue squads to purchase new equipment, vehicles, etc. and construction of facilities. This is not a grant, but a loan, and is to be repaid annually in equal amounts at 2% interest per year. Loans can also be used to refinance existing loans that were taken out for same purpose. Loans under $10,00 must be repaid over a 5-year period, and over $10,000 over 10 years.

Award Value: $1,000 to $50,000 (depending upon the request made; different limits for different requests)

Match: NA

Deadlines: May 30th for current fiscal year (runs July 1 to June 30) rolling application, no hard date

RVE Contact: Jenna Addis