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Fortuna Redevelopment Agency
- River Lodge and Monday Club
The Fortuna Redevelopment Agency built
River Lodge to provide a
place for Fortuna's citizens to hold local events, conferences, and
workshops. Attracting meetings from outside the area benefits the local
businesses by bringing more people to town and it benefits the City by
bringing in more sales and bed tax revenues.
The City is operating River Lodge like a business. This means that the
rental income needs to cover the operational expenses. If you are
interested in renting River Lodge or the Monday Club please call
707-725-7572.
- Housing Improvement Loan Program
In 1989 the Fortuna Redevelopment Agency developed its Housing
Rehabilitation Program in order to preserve the housing stock in the
community and upgrade its neighborhoods. The Agency has made loans to
seventy-one residents. The program provides financing to lower income
residents so that they can maintain their home. About sixty percent of
the loans have been made to senior citizens on fixed incomes. Most of
the rest of the loans have been made to single parents with children. The City assists the homeowner in obtaining cost estimates for the
repairs and finding a contractor to do the work. The loans are used to
fix problems with electrical, plumbing, and heating systems. They are
also used to repair roofs, paint, and replace carpeting. If you are interested in a loan, please call 707-725-7600.
- Business Loan Program
In 1993 the Fortuna Redevelopment Agency developed a business loan
program to help local businesses expand and to assist people in starting
a new business. The Agency has made twenty-six loans totaling $1.3
million. If a person can obtain a loan from a bank, they do not qualify
for the program. The loans have ranged from $5,000 to $250,000. Security
needs to be provided by the borrower. Fortuna is the only community in
Humboldt County that has collected on all the loans made. If you are
interested in a loan, please call 707-725-7600.
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