IDA reports Brownfields grant, new loan arm and Hydromech redevelopment plan
The Allegany County IDA told the Planning and Economic Development Committee it received a $500,000 EPA Brownfields assessment grant, is launching the ACLDC to offer $30,000–$100,000 secondary loans, and is working with a developer to redevelop the former Hydromech plant in Scio with an eventual 30 jobs projected.
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Melissa Pinjatore, Assistant Director at the Industrial Development Agency, told the committee the IDA produced an annual report and one‑page summaries of affiliated bodies and reviewed current projects.
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