Here is some news for businesses located within one Schuyler County village.
After recognizing that an obstacle for businesses to make sustainability upgrades is fast and affordable financing, the Village of Montour Falls applied for and received a grant through the Appalachian Regional Commission to create a Revolving Loan Fund program. The village is matching the grant with ARPA funds received from the federal government.
The loan fund will enable the village to provide low-interest rate, flexible-term loans to local for-profit businesses. The loan funds can be used for most business activities and expenses, however, businesses receiving the funds must include a climate adaptation or efficiency component.
We have more information on how Montour Falls village businesses can apply for the loan fund by clicking here.
