By Connie Swinney
Staff Writer
With the approval of the city council March 26, the Marble Falls Economic Development Corporation (EDC) approved assigning the entity's finance committee to coordinate a $100,000 small business loan program for qualified merchants devastated by safety requirements connected to the COVID-19 pandemic.
EDC, which operates on sales tax dollars, will make $88,000 available via an existing emergency fund, supplemented with an additional $12,000 potentially provided through the entity's Community Leverage Funds program.