South Dallas / Fair Park Trust Fund

The South Dallas community is experiencing development and redevelopment at an accelerating pace. Numerous projects that expand the business base and improve the neighborhood's vibrancy are already underway or are planned for the community.



The overarching goal of the South Dallas Fair Park Trust Fund (Trust Fund) is to facilitate economic and community development in the South Dallas / Fair Park community. Financing is available for projects and programs located in eligible Census Tracts.


Grants and loans are available in the following program areas:


  • Business and economic development initiatives
  • Community service programs to provide job-related and human services assistance

Examples of projects include:



  • Parkland Hospital – Hatcher Station Health Center
  • South Park YMCA
  • St. Philip's School and Community Center 
  • Two Podners BBQ & Seafood Restaurant
  • Multiple Community Development Corporations


Commercial Loans



Provided within eligible areas under the following terms:

  • Available to area businesses
  • Low Interest rate (3%)
  • Five (5) years to repay the loan
  • $1,000 to $50,000
  • Requires collateral  


Grants



Provided within eligible areas under the following terms:

  • Available up to $35,000 per year
  • Will consider special projects greater than $35,000
  • Certain restrictions apply

Eligible Program Areas 

Entities located in 2010 Census Tracts 25, 27.01, 27.02, 34, 37, 38, 39.01, 39.02, 40, and 203 are eligible to apply for funding from the Trust Fund.

(Note - Tract 203.00 combined 1990 Census Tracts 28, 29, 35, and 36 used for the original formation of the Trust Fund)