South Dallas / Fair Park Opportunity Fund Eligible Area

The South Dallas/Fair Park Opportunity Fund is designed to offer loans and grants aimed at fostering economic growth and supporting community development in the neighborhoods around Fair Park. Funding is available for businesses or organizations that are either located within specific census tracts or serve a population where at least 90% of residents come from those tracts. Eligible Census Tracts: 48113011500 48113020800 48113002703 48113002500 48113020300 48113020900 48113003700 Grants and loans are available in the following program areas: Human Development contracts must demonstrate measurable outcomes related to the following goals in the service area: increase workforce participation and readiness; stimulate small business activity and growth; improve health outcomes; improve public safety; or, improve educational outcomes. Economic Development projects must demonstrate the creation of new jobs, the retention of existing jobs or an increase in the Service Area tax base. 25% of annually budgeted funds may be awarded as grants; a maximum of $200,000 may be awarded for human development contracts. A minimum of 75% of budgeted funds must be awarded as repayable loans Last updated by Ridvan Kirimli on 08/30/2024.