City Loan Program

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The Lake City LDC Loan Review Board reviews Loan Applications and requests for Subordination Agreements to the City of Plattsburgh's Economic Development Revolving Loan Program.  Upon review, the LCLDC forwards the application with its recommendation to the Common Council for their action.What Do I Need to Do to Apply? Please print out the following documents, complete the required information and bring to the Community Development Office, 41 City Hall Place:

  • -              Economic Development Program Guidelines
  • -              EDRLF Loan Application with required information from page 2.
  • -              2013 Fee Agreement Letter
  • -              EDRLF Income - Expenditure Statement
  • -              EDRLF Asset – Liability Statement

 Eligibility Requirements

  •  -            Projects must create or retain existing jobs for low/moderate income family members
  • -              Projects must be located in the City limits.
  • -              Federal wage requirements may apply to commercial rehabilitation projects.

 

AttachmentSize
EDRLF program guidelines.pdf91.97 KB
EDRLF loan application.pdf69.09 KB
2013 Fee Agreement Letter.doc78 KB
EDRLF income-exp statement.pdf99.31 KB
EDRLF asset-liability statement.pdf102.38 KB