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State College OKs Block Grant Funds for Out of the Cold's Purchase of a Permanent Shelter Location

Council authorized an amendment to the borough’s plans for use of CDBG funds to direct $234,000 to Out of the Cold for its purchase and renovation of the Meetinghouse on Atherton, 318 S. Atherton St.
The amendment will take $227,138.81 from the Borough First-Time Homebuyer Program and $6,861.19 from the operating budget for the now-defunct House of Care.
Borough Manager Tom Fountaine said the First-Time Homebuyer Program “has seen little demand.” In a policy briefing summary, Senior Planner Maureen Safko explained that first-time homebuyers have had a preference in recent years “to purchase homes through the State College Community Land Trust, or through The HOME ....

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State College Borough Council approves plan to support local homeless community

The State College Borough Council approved an amendment to its 2020-2024 Consolidated Plan and 2021 Consolidated Annual Action Plan during Monday night s meeting, intending to prevent homelessness in the local community.
This amendment will allocate $234,000 of Community Development Block Grant funds to Out of the Cold, a community-supporting organization. The funds will allow Out of the Cold to support a homeless shelter and resource center.
The adjustments follow the nonprofitÂ House of Care s closing on May 19Â due to insurmountable challenges. The house, formerly located on Beaver Avenue, was a long-term home for individuals with limited support and health challenges.
The $234,000 of CDBG funds is made up of $277,138.81 from the Borough-Low First Time Homebuyer Program and $5,138.81 from House of Care s former operations. ....

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A Sioux Falls housing bubble? Experts say lack of homes fueling a boom

A Sioux Falls housing bubble? Experts say lack of homes fueling a boom
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2021 Kansas first-time homebuyer assistance programs

2021 Kansas first-time homebuyer assistance programs
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Financing The Hudson Valley

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For many small businesses in the Hudson Valley, the Paycheck Protection Program (PPP) has been a lifeline during the pandemic. Few people understand how important it was for small businesses to be able to continue operating quite like Doug Sturges, CEO of Sawyer Savings Bank, a financial anchor in the area celebrating its 150-year anniversary this year.
As a local bank, Sawyer Savings Bank was nimble enough to jump right into the PPP process, helping to support hundreds of small businesses by providing over $8 million in PPP loans all while continuing to employ its entire staff and providing essential services at all three of its branches in Saugerties, Marlboro, and Highland. It was weeks of long hours through the weekends, but that s just the way small banks operate, says Sturges. I m proud of how our team met these challenges in the past year. ....

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