[Michlib-l] USDA Loan vs Bond Campaign for Expansion project

Hi all, Does anyone have experience with a USDA Loan and/or a bond campaign to fund an expansion project for their library? We were initially thinking USDA loan but we've been having nothing but problems and the board is wondering if we should pivot and do a bond campaign instead. I would love to hear from people who have done either or both about their experiences and pros/cons. Thank you! Cierra Bakovka, MLIS                                                      She/Her Director Henika District Library 149 South Main St. Wayland, MI 49348 269-792-2891 ext. 309 mailto:cierra@henikalibrary.org