New York

The Village of Corinth was awarded $1 million in CDBG funds to help construct a new Waste Water Treatment Plant (WWTP). The total project cost was $14,442,000, The project benefited all 2,474 Village’s residents, 1,460, or 59% of whom are low-and-moderate income persons.

The Village of Celoron was awarded $750,000 in NYS CDBG Economic Development funds to assist Chautauqua Harbor Hotel, LLC. The project allowed Chautauqua Harbor to open a destination hotel on waterfront property. The new 130,000 square foot facility includes 132 guest rooms, 8,000 square feet of event space with pre-function areas and breakout rooms, indoor and outdoor swimming pools, a fitness room, dining and lounge areas, and seasonal outdoor food and beverage facilities. The $26,516,000 project created 86 full time equivalent jobs over two years, with 68 (84%) made available to low-moderate income persons. NYS CDBG funds were used for the purchase of furniture, fixtures and equipment.

The City of Peekskill identified a targeted need for the revitalization of the downtown through making assistance available to microenterprises, or small businesses with five (5) or fewer employees. The City received $200,000 in NYS CDBG funds to establish a Microenterprise Grant Program. The total project cost was $220,000 with $20,000 in owner equity. The program assisted seven (7) microenterprises, with five (5) whose owners were low or moderate income. The project also led to the creation of two (2) full time jobs held by low and moderate income people.