Low-interest loan fund available to help Downtown Colorado Springs businesses News 5 Staff Photo Description: As always feel free to share your photo with KOAA by posting to the KOAA Facebook Page and last updated 2020-12-17 22:29:13-05 COLORADO SPRINGS â The Colorado Springs Downtown Development Authority has established a $300,000 fund to help downtown businesses get through the slower winter months. Approved owners will receive three monthly payments, each equal to half their monthly rent or mortgage payment, at a 2 percent fixed rate for 21 months. The first payment would be due by the end of September 2021, and the final payment is due by the end of September 2022.