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(The Austin Bulldog)

The city of Austin so far has approved 52 Economic Injury Bridge Loans totaling $1,720,400.


That's nearly 29% of the $6 million in Section 108 funds approved by the U.S. Department of Housing and Urban Development for this purpose April 8, 2020.

But borrowers haven't seen a dime of it.

Read the whole story at The Austin Bulldog.

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