20 Hammond Street, Port Jervis, NY 12771 | 845.858.4000 | Business Hours: 9 a.m.-4 p.m.

NEWSLETTER

Community Development Agency

Posted on: March 5th, 2015

Community Development Agency

Valerie Maginsky

CDA Director

The Port Jervis Community Development Agency is designated by the City of Port Jervis as the local administrator of federal, state and local funds for housing, public facilities, and economic development programs for the creation of jobs and commercial revitalization to promote local commerce and industry.

The mission of the Agency is to leverage private/public investment, to preserve the City’s housing stock, improve public infrastructure, assist in the expansion of existing businesses, and promote the attraction of new industry which will increase employment opportunities and enhance the city’s tax base.

The Port Jervis Community Development Agency is enabled under New York State General Municipal Law §584: NY Code Section 584: Title 15.

Since 1981, The Port Jervis Community Development Agency (PJCDA) has been the City’s local administrator of federal, state and local funds for housing, public improvements and economic development programs. The mission of the Agency is to preserve the City’s housing stock, upgrade and improve public infrastructure and leverage private investment through the use of available public resources to retain and attract new industry, promote employment opportunities and improve the quality of housing, neighborhoods and life in the Port Jervis community.

PJCDA is governed by an all-volunteer Board of Directors (listed below) committed to the economic prosperity of the community and quality of life for its citizens. Located in the heart of the City’s downtown district, PJCDA has spearheaded the growth and expansion of many small businesses and created a public/private partnership for revitalization of the City’s downtown center and enhancement of the City’s tax base.

SCORE – Orange County Chapter 465
Please click to read more about the following categories:

Procurement Policies

Board Meeting Agendas

Board Meeting Minutes

Approved Administrative Budget

Hudson Valley Development Corp

FINANCIAL OPPORTUNITIES

The Port Jervis Community Development Agency has a wide variety of financing programs available to businesses.

Community Development Block Grant (CDBG) Program – provides long-term, low- interest rate financing for new and expanding companies with job creation activities.  Funding is based on an annual competitive application to the New York State Empire State Development Corporation for pre-approved projects.

Facade Loan Program – provides loan financing for commercial property owners in need of funding assistance for building exterior improvements.  Rates are as low as 3% with terms of 5-20 years and loan amounts up to $25,000.

PJCDA Economic Development Revolving Loan Program – offers low-interest, fixed-rate financing with terms up to 20 years for new and expanding businesses.  Loans start as low as $1,000 with a maximum loan amount of $25,000 per transaction.  Owner equity of 10% and participation of private lenders is requested for larger projects undertaken by expanding businesses.  Businesses must create/retain employment opportunities as a condition of loan financing.

Additional Sources:

Hudson Valley Economic Development Corporation

Empire State Development

Hudson Valley Technology Development Center

New York State Small Business Development Center

SBA

NYSERDA

The Mid-Hudson Economic Development Regional Council

The Orange County Partnership

 

BUSINESS DEVELOPMENT
The Port Jervis Community Development Agency assists new and existing businesses develop, through personalized services to promote longevity and economic growth such as budgeting and financial counseling sessions.  Locally, the Tri-State Chamber of Commerce offers small business mentoring with the SCORE program. Networking with the chamber’s “Blenders” presents opportunities to meet other business people in the tri-state region. The Blender & Business Card Exchange are held monthly in different locations. Call (845) 856-6694 for complete details.
Board of Directors
Carl V. Hendrick, – Chairman
8 Willard Street
Port Jervis, New York 12771
 845-858-8376- Home
cvhendrick@yahoo.com – E-Mail
Richard K. Roberts – Assistant Chairman
129 Orange Street
Port Jervis, New York 12771
845-856-6564 – Home
845-856-8373 – Work
845-341-7562 – Cell
rkroberts@frontiernet.net – E-Mail
Kristin Trovei, Secretary
5 Warren Place
Port Jervis, New York 12771
845-643-1100
k.a.trovei@gmail.com – E-Mail
John A. Russell, Treasurer
26 Coleman Street
Port Jervis, New York 12771
845-858-8408 – Home
845-482-3241, ext. 1150 – Work
845-423-0048 – Cell
jrussell25@hotmail.com – E-Mail
George Belcher, Member
5 Kingston Avenue
Port Jervis, New York 12771
845-856-1036 – Home
845-754-4109 – Cell
georgeb@citlink.net – E-Mail
Matthew D. Witherow, Esq. – PJCDA Counsel
41 Sussex Street
P.O. Box 1005
Port Jervis, New York 12771
845-856-5900 – Office (Voice)
845-856-5903 – Office (Fax)
witherowlaw@frontier.com – E-Mail
Description: The Port Jervis Community Development Agency is designated by the City of Port Jervis as the local administrator of federal, state and local funds.
Contact Person: Valerie Maginsky
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