Community Development Block Grant Revolving Loan Committee 10-21-2026

The City of Green Bay Community Development Block Grant Revolving Loan Committee met on October 21, 2026, and approved a $180,000 loan to Title Shot Athletic Club LLC for construction costs to convert an existing building into an indoor tennis and sports training facility. The loan was approved at 4% interest for 10 years, with a personal guarantee and a commitment to create six full-time-equivalent positions. The applicant also has financing from Stevenson National Bank and Trust for equipment and will contribute the remaining project funds; Bayland Building was identified as the contractor working on the project, but no construction contract award was made by the committee.

The committee was informed that 51% of relevant project hours must go to individuals from low- to moderate-income households and that Davis-Bacon prevailing-wage requirements apply to the construction. Staff reported that the required environmental review was satisfactory and on file, and that prevailing-wage information had been provided to the applicant for its contractor. The loan motion passed unanimously. The committee also received an update on an existing revolving-loan matter involving efforts to serve notice, with further legal steps possible; no additional procurement action was identified.