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Cedar Corp says Maiden Rock has $31,224 in local RLF housing funds; residents encouraged to apply
Summary
Cedar Corp reported the RLF housing program is winding down without a set timeline; Maiden Rock has $31,224 available for local applicants and a criteria flyer was distributed at the April 14 meeting.
At the April 14 meeting the board heard from Cedar Corp representatives that the revolving loan fund (RLF) housing program is planning to be discontinued, although no specific timeline was provided.
Clerk/Treasurer Carla R. Schuster told attendees that Maiden Rock currently has $31,224 available in local RLF funds and encouraged residents to review the eligibility flyer that was distributed and apply while funds remain available.
No vote or formal action to allocate those funds was taken at the meeting. Board members urged residents who may need assistance with housing projects to contact the town or Cedar Corp for application details and deadlines.
The board did not set any additional deadlines or commit to supplemental town funding during the meeting; residents seeking assistance were told to follow the application instructions on the distributed flyer.
