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Cedar Corp says Maiden Rock has $31,224 in RLF housing funds; residents encouraged to apply

Town of Maiden Rock Board of Supervisors · April 14, 2025
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Summary

Cedar Corp told the Maiden Rock board the RLF Housing Program is set to be discontinued (timeline not set); the township currently has $31,224 available and a flyer on eligibility was circulated to residents.

At the April 14 Maiden Rock Township meeting, Cedar Corp informed the board that its revolving loan fund (RLF) housing program is planned for discontinuation, though no specific timeline was provided.

Meeting materials and a flyer distributed to attendees indicate Maiden Rock Township currently has $31,224 available in RLF housing funds. Cedar Corp encouraged eligible residents to apply for assistance and said the program timeline and application details will be clarified as the discontinuation plan proceeds.

Board members asked that the town publicize the availability so residents who meet the criteria can apply while funds are available. No formal decisions about local matching funds or allocations were taken at the meeting.