Grants for Business Expansion and New Jobs

Columbia County advocates for state funds to support Hudson Valley Creamery and GTel expansion

March 25, 2018

Funds are available for local business expansion and Columbia County is working to direct these funds to Hudson Valley Creamery (HVC) and GTel. The Federal Government has allocated block grants for the states to administer. The Office of Community Renewal (OCR) runs NY State’s program.

Grant Requirements and Logistics

The grant reimburses business purchases that result in new jobs. The grant reimburses about 30 percent of the business’s capital and equipment costs for expansion. Fifty-one percent of the new jobs have to be available to lower or moderate income employees, and therefore are targeted to workers without higher-level skill, degree, or training.

Companies need a government municipality to sponsor the application and Columbia County can serve as a sponsor at no cost to the county. The County would submit a pre-application to OCR. If approved, then OCR invites a full application. A public hearing would be held to review the grant application. Then the full application could be submitted. If the money is granted, Columbia County would hire a consultant to manage the grant process. The money to hire the consultant would come from the grant. As the business spends money, the business would submit documentation to be reimbursed from the grant funds. Documentation would include evidence of local recruitment of workers.

Hudson Valley Creamery Application

Hudson Valley Creamery (HVC) is planning a $4.4 million expansion project in the Town of Livingston. HVC is seeking $375,000 to improve its wastewater facilities. It is anticipated that the project will result in the expansion of the plant and introduction of a new line of fresh goat milk products, and ultimately increase jobs.

Further details of the grant will be discussed at a public hearing.

Wednesday, April 11
7:25pm
401 State Street, Hudson

GTel

GTel is working to expand fiber broadband in five towns in Columbia County. The Germantown-based company is seeking $210,000 to purchase equipment that will result in hiring 12 - 15 new technicians. The Economic Development Committee has approved moving forward on GTel creating a pre-application.

The pre-application is likely to be voted on at the next full Board meeting.

Wednesday, April 11
7:30pm
401 State Street, Hudson

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