06/01/2020 CDBG Revolving Loan Fund Amendment Hearing at 6:45 PM

Posted on: May 29, 2020 - 2:27pm

Town of Erving

NOTICE OF PUBLIC HEARING

CDBG Revolving Loan Fund Amendment

 

The Town of Erving will hold a Public Hearing on Monday, June 01, 2020 at 6:45 PM

Online Video/Audio Conferencing Using GoToWebinar:

Meeting URL: https://attendee.gotowebinar.com/register/6622907597149682699

Webinar: 904-325-155

The purpose of this hearing is to discuss the reprogramming of approximately $20,000 of surplus funds from the Town’s CDBG Revolving Loan Fund to create forgivable loan programs to assist small Erving businesses impacted by the COVID-19 pandemic. CDBG eligible activities under consideration are Microenterprise Assistance to businesses with 5 or less employees, including the owner, and Assistance to For-Profit Businesses of more than five, up to ten full time equivalent employees. Microenterprise owners have to be at or below 80% Area Median Income (AMI) to qualify.

Any agency or individual who wishes to be heard on this matter will be given the opportunity. In addition, comments in writing or by email to administrator@erving-ma.gov will be accepted prior to the hearing. Special accommodations will be attempted upon written request to the Selectmen’s Office.

Jacob A. Smith,

Board of Selectmen, Chairman