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County updates public on $200,000 CDBG microenterprise assistance program
Summary
County planning staff reported the county received a $200,000 CDBG award from the NYS Office of Community Renewal; $170,000 was designated for microenterprise grants to eight businesses (awards ranged from $11,000 to $25,000) and two full-time-equivalent jobs were reported from the first awards.
At a public hearing the county summarized implementation of a Community Development Block Grant (CDBG) microenterprise assistance program. Stephanie Nick, Special Projects Coordinator, said Chautauqua County received $200,000 from the NYS Office of Community Renewal and that $170,000 of that amount was set aside for grants to eligible microenterprise businesses outside city entitlement areas.
Nick told the Legislature that eight total microenterprise awards had been made, award sizes ranged from $11,000 to $25,000 for uses such as furnishings, fixtures, equipment, inventory and working capital, and that the first four awards created two full-time-equivalent positions. The program is being implemented by Chautauqua Opportunities for Development; four awards were awaiting disbursement at the time of the hearing.
No members of the public addressed the hearing during the minutes’ excerpt.
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