The purpose of the South Dallas/Fair Park Opportunity Fund (Opportunity Fund) is to provide loans and grants to promote economic development and support human development initiatives neighborhoods surrounding Fair Park. Loans or grants are available to support businesses or entities located with specific census tracts, or that serves a population that is made up of at least 90% of residents from those census tracts.
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.
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