About The Local Development Corporation

Founded in the early 1980’s by the Houston-Galveston Area Council, the Houston-Galveston Area Local Development Corporation is licensed throughout Texas as an SBA 504 Loan Program certified development company (CDC).

We support economic development through low-cost, fixed rate commercial/industrial real estate financing to expanding small businesses under the U.S. Small Business Administration’s (SBA) SBA 504 Loan Program.

Visit the Loans page to learn more about the products and services we offer.