HUD and USDA Funds for Central New York
(Oswego Event)
CLINTON COUNTY - $ 2.1 million, all from HUD.
HUD funding will provide: $1.3 million to the city of Plattsburgh for the third year of a multi-year grant to carry out a comprehensive program focusing on the city's New York State Economic Development Zone and the residential area adjacent to downtown; $400,000 to the City of Plattsburgh to assist 17 first-time homebuyers and home rehab; $400,000 to the Town of Plattsburgh to construct sewers in the Wallace Hill Phase II neighborhood; and $400,000 to the Town of Dannemora for rehab and replacement of low-moderate income homes.
CORTLAND COUNTY - $ 1.2 million, all from HUD.
HUD funding will provide: $800,000 for the City of Cortland's First -Time Homebuyers Program; and $400,000 to the Village of Homer to rehabilitate 27 houses.
ESSEX COUNTY - $4.7 million. (HUD: $3,181,806, USDA: $1.5 million).
HUD funding will provide: The Town of Jay will receive an $400,000 housing rehabilitation grant which will alleviate substandard housing conditions for 18 families; $200,000 to Essex County to establish a microenterprise assistance program which will create 60 new jobs; $400,000 to assist 16 first-time homebuyers, the County will leverage an additional $762,000 for this project; the Town of Crown Point will receive a $400,000 grant for water system improvements, the Town will leverage $408,683 and the project will benefit 311 households. The Village of Lake Placid has established a First -Time Homebuyers program to assist 10 families, $250,000 is a HUD grant and $465,000 are leveraged funds. The Town of Moriah will receive $400,000 from HUD, and leverage $80,680 to rehabilitate 27 housing units. The Town of St. Armand's Water Improvement program will benefit 270 households with a project that will receive $400,000 in HUD funding and leverage $56,408. A Water and Sewer Improvement project will be funded through a $166,944 HUD grant and $14,501 leveraged funding for 22 households in the Town of Ticonderoga. Town of Wilmington will receive $400,000 in HUD funds and $164,862 for a Water Improvement project which will help 439 households.
USDA funding will provide: $773,023 to county for housing ; $700,000 to the Adirondack Economic Development Corp. to provide additional revolving loan fund dollars to a multi-county area that encompasses the Adirondack Park; and $65,000 for the Adirondack Economic Development Corporation that will be used to provide start-up costs and technical assistance to small businesses.
FRANKLIN COUNTY- $1.6 million, all from HUD.
HUD funding will provide: the Town of Bombay's First -Time Homebuyers Program will receive $400,000 from HUD and leverage $820,000 to assist 16 families purchase homes. A $400,000 HUD grant will be used for 21 substandard housing units in the Town of Burke. The Town of Constable will also receive $400,000 to rehabilitate 21 housing units. The First- Time Homebuyers program in the Village of Malone will receive $400,000 in HUD funds and will leverage an additional $634,950 to assist 17 potential homeowners.
FULTON COUNTY -- $3.3 million (HUD: $2,917,800, USDA : $401,510).
HUD funding will provide: The Town of Bleecker will receive $400,000 from HUD to rehabilitate 28 substandard housing units. The Town of Ephratah will rehabilitate 20 housing units of low/mod income persons with a grant for $400,000. $400,000 from HUD and an additional $67,800 will be used in the City of Gloversville Housing Rehabilitation program to assist 36 households. Also, the City of Gloversville has been awarded $400,000 in the third year of their multi-year grant to continue their housing rehabilitation efforts for an additional 29 housing units. The City of Johnstown is the recipient of a $250,000 in HUD grants and will use $376,000 in leveraged funds to assist 12 first-time Homebuyers. The Town of Northampton will rehabilitate 28 housing units with a $400,000 grant. The Town of Caroga, was awarded $600,000 of the second year of their multi-year grant to assist 33 housing units to continue their housing rehabilitation efforts.
USDA funding will provide: $401,510 in housing.
JEFFERSON COUNTY - $9.8 million (HUD: $788,707, USDA: $ 9 million).
HUD funding will provide: $600,000 to be loaned by Jefferson County to a local business, Stature Electric Inc. to carry out an expansion project. The project will leverage $3,335,000 in other funds and will result in the creation of 83 new jobs; and $188,707 will be used by Jefferson County to establish a microenterprise assistance program which will create 21 new jobs.
USDA funding will provide: a $2.5 million guaranteed loan for Chapin Watermatics, Inc. a company that manufactures drip irrigation systems for greenhouses and row crops. By refinancing the existing lender debt, the company will be able to remain in business saving 120 jobs; $641,354 to the county for housing ; $987,500 to Town of Champion to complete installation of sewer collection lines, mains and pump station and $238,100 to upgrade water treatment facility; $339,000 to the Town of Champion to purchase a building that will serve as the Town Hall; $1,975,000 to the Town of Champion to establish the Great Bend Sever District, including collection pipeline, mains and a pump station; $618,900 loan and $364,100 grant to Town of Lyme to construct water distribution system; $100,000 loan and $800,000 grant to Town of Orleans to form sewage collection district in Fineview area; $406,500 loan to Town of Pamelia to construct water distribution system; and $62,800 grant and $30,000 loan to the Development Authority of the North Country to complete regional water transmission facility.
OSWEGO COUNTY- $ 9.7 million (HUD: $7.9 million, USDA: $1.8 million).
HUD funding will provide: $300,000 to Oswego County to establish a microenterprise assistance program which will create 60 new jobs; $1,900,000 to the City of Oswego will result in housing rehabilitation, elderly housing rehabilitation, storm and sanitary sewer separation, affordable homeownership and clearance of an industrial site; $1,900,000 to the City of Oswego will allow for 40 units of housing to be rehabilitated, storm and sewer separation and homeownership assistance for 15 first time homebuyers; $3.8 million to the City of Fulton for the second and third year of a multi-year grant for housing rehab, lead-paint remediation, street repair, affordable housing, economic development assistance and a microenterprise program.
USDA funding will provide: $600,000 for the Salmon Hills Cross Country Ski Resort to develop the property and to refinance its existing debt; $465,170 for housing; $267,270 loan and $15,000 grant to Town of Redfield to construct new Town Hall; $450,400 loan and $25,000 grant to Town of Redfield to construct new town garage.
ST. LAWRENCE COUNTY - $ 7.7 million (HUD: $ 4,370,000, USDA: $ 3,320,000).
HUD funding will provide: $270,000 for the Town of Fine for a wastewater collection system & improvements benefiting 36 households; $400,000 (leverage $664,000) for 20 first time homebuyers in the Village of Gouverneur; $400,000 (leverage $672,300) to 18 first time homebuyers in the Village of Massena;$400,000 (leverage $90,000) to rehab 47 units of housing in the City of Ogdensburg; 1997- $800,000 third year of multi-year Downtown Neighborhood Revitalization to City of Ogdensburg;$400,000 (leverage $422,000) to 15 first time homebuyers in the Village of Potsdam; $400,000 (leverage $30,000) for 25 units in St. Lawrence County; $400,000 (leverage $75,000) to rehab 25 units in St. Lawrence County; 1997-$450,000 second year and 1998-$450,000 third year for countywide Direct Homeownership Assistance Program.
USDA funding will provide: $700,500 loan to Rose Hill Foundation to construct a chemical dependency treatment facility that will serve 200 patients a year; $641,510 for housing; $300,000 for the Brier Hill Fire District to construct a new fire hall with a community room; $90,000 to the Potsdam Volunteer Rescue Squad that will be used to purchase a rescue vehicle; $170,000 to Wee Care Childcare of Massena to enable the company to purchase and renovate an existing building for a daycare center; $1,200,000 to AgPro, Ltd., to enable the soybean processing plant to purchase new equipment, creating approximately 10 jobs; and $131,175 for the Town of Clinton complete improvements to the town's water distribution system.
TIOGA COUNTY - $1.8 million, all from HUD.
HUD funding will provide: $400,000 (leverage $60,000) to rehab 23 units in the Town of Barton; $400,000 (leverage $40,000) to rehab 31 units in the Village of Waverly; $400,000 Town of Candor second year of multi-year grant to continue their housing rehabilitation efforts of 22 units substandard owner occupied properties; $600,000 Tioga County third year of multi-year grant economic development loan for retention of jobs and creation of new jobs in Town of Berkshire.
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