[OMS_MANAGERS] Facade Improvement Loans

[mayor]

Hi,

I know this is not part of your original question, but I was wondering if you are a 501c3 and not a 501c4 or c6.  I did not think that a Main Street group was considered charitable.  We are starting to formulate our organization and was wondering about this.

Thanks, Bill

Bill Graupp | Mayor | City of Aurora | 503-678-1283
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From: OMS_MANAGERS [oms_managers-bounces at listsmart.osl.state.or.us] On Behalf Of kendallbell945 at gmail.com [kendallbell945 at gmail.com]
Sent: Thursday, August 20, 2015 2:51 PM
To: oms_managers at listsmart.osl.state.or.us
Subject: [OMS_MANAGERS] Facade Improvement Loans

Hello Everyone,   I am interested in learning how other communities handle the following situation.   We are now a 501(c) 3.  We are considering offering a Facade Improvement Loan.  One of the key properties on the entrance to our Main Street that is in great disrepair is owned by a board member.  They would like to apply for a loan.
Any suggestions or thoughts??
Kendall in Klamath Falls

Sent from my iPad
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