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How will the Fund be recapitalized?

April 26, 2017fund recapitalized

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How will the Fund be recapitalized?

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The TCCCF will be a self-sustaining development resource, with recapitalization of the Fund through the sale of pre-approved loans to a specialized secondary market for economic development loans. The sale proceeds from TCCCF loans are immediately returned to the Loan Fund. Through this approach, the TCCCF Loan Fund will be continually recapitalized and funds will be readily available to make new loans at all times.