The Economic Development Revolving Loan Fund (ED RLF) Committee approves loans applied for through the Economic Development Revolving Loan program, a city-administered program leveraging federal dollars to provide "gap financing" to businesses with a primary lender. The Economic Development Revolving Loan Fund is funded with federal and state funds or Community Development Block Grants; the RLF manages these state funds.
Governing Law: The Economic Development Revolving Loan Fund Plan was established by Troy City Council Resolution R-40-90 in accordance with state and federal Community Development Block Grant (CDBG) rules.
Appointment:
- City Auditor;
- Director of Public Service and Safety;
- Finance Committee Chair;
- Four members appointed by the Mayor; serving four-year terms
Residency: N/A
Agendas and Meeting Minutes: Available here.
Volunteer Application: Available here.
Members
| Name | Appointed by: | Initial Appointment: | Current Term Expires: |
| William Wolke | Mayor | July 6, 2016 | December 31, 2026 |
| Shirley Snyder | Mayor | January 1, 1996 | December 31, 2024 |
| Richard Bender | Mayor | February 5, 2019 | December 31, 2023 |
| Joseph Graves | Mayor | November 5, 2018 | December 31, 2025 |
| Auditor (John E. Frigge) |
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| Council Finance Chair (Todd Severt) |
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| Director of Public Service and Safety (Patrick E. J. Titterington) |
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