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Staff outline grant opportunities; LDC signals $250,000 pilot for infrastructure gap financing
Summary
County planning staff summarized multiple grant opportunities for municipalities and infrastructure projects and the Local Development Corporation reported a $250,000 pilot fund that could be used as gap financing or matching funds for infrastructure and housing projects.
County planning staff told the Economic Growth and Development Committee about several grant opportunities and a potential Local Development Corporation (LDC) pilot fund to support infrastructure and housing projects.
Staff said the Adirondack Smart Growth program recently reopened and does not require a local match, and the Northern Border Regional Commission's catalyst program—if structured like the last round—would provide about 80% federal and 20% local match for eligible…
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