VALENTINE SPECIALS. SHOP LOCAL
General Resource Portals
NY State Governor Coumo – Website
Small Business-Self-Employed Tax Center – Website
Grants & Loan Programs
Malone Complete Streets – Town of Malone
The Town of Malone and Franklin County have been awarded a grant by the NYS DOT to build a sidewalk on the south side of Route 11 from Aldi’s to the Airport Road/Walmart Intersection. This will provide citizens will a safe pedestrian thoroughfare to walk to several commercial sites available for development, current small businesses, Walmart and the Town of Malone Offices.
Adirondack Economic Development Corporation – Website
AEDC continues to be an extremely active business lender throughout the region, with four distinct loan programs, including the U.S. Small Business Administration’s (SBA) Micro Loan Program, USDA/Rural Development’s Intermediary Relending Program, the Empire State Development Small Business Revolving Loan Fund and the USDA/Rural Development’s Rural Micro-entrepreneur Assistance Program (RMAP).
Historic District in Malone – Malone Revitalization Foundation and the Malone Chamber of Commerce.
A grant was awarded in September for a consultant to prepare an historical study for the Historic District in Malone. If Malone is granted the status homeowners and business owners will be eligible for 20% State and 20% Federal tax credits for preservation work on their properties. The majority of the buildings that line Main Street are be included in this district, helping business owners with repairs of the buildings. A Historic district generally increases tourism in a community. It also raises the property values.
Housing & Other Programs
Several of our Route 11 Main Street store fronts come with available housing (sometimes commercial space) on the upper 2nd and 3rd floors. If you are interested in one of these locations for your small business, take advantage of these programs (where available) to revitalize downtown and get the most out of your investment in a Main Street property!
These programs may also be of use to small businesses that operate of out of the home of their sole proprietor.
All Seasons Housing Investment Program – Town of Malone
The Town of Malone, with support of the Village of Malone, have applied for a housing rehab grant. Grants will be awarded in mid-December 2017
Good housing is hard to find and sometimes our homeowners must choose between paying their mortgage or fixing their roofs. Being forced to make choices like these can have on the integrity of town and village structures, the safety of citizens and property values. In addition, $400,000 of outside money coming to businesses and workers can be a game changer for the condition of their properties and the community.
If the Town is awarded this grant, application forms may be picked up at the Town of Malone or the Village of Malone Town offices. Announcements will be made in Mid-December 2017 if the Town is awarded this grant, and if so, applications will be available at that time.
Flood Mitigation Plan Grant – Town of Malone
The Town of Malone is applying for a grant to pay for an engineering plan to mitigate the flooding of the Salmon River in Malone. Last winter the flooding threatened the integrity of the Malone Village Sewage Treatment plant as well as many homes & businesses along neighboring streets.
A healthy Salmon River affects all aspects of the community and controlling its flooding is imperative. Our citizens along the river have long suffered the effects of flooding often ruining their cellars, wells, or foundations. Some houses have been removed and the Town would like to turn that land into a park dedicated to our veterans who have long served all of us. Houses that before did not flood before were flooded severely this past winter. The hope is to mitigate the problem before more homes and businesses are shuddered as well.
Should the flooding breach the sewage treatment plant, raw sewage would pour into the river by tons a day. This would be a disaster not only for the health of our residents, but affect homes down river, tourism, business, and ultimately reach the St. Lawrence. Economically it would be a disaster, harming the wildlife as well as costing the taxpayers grave amounts of money to rebuild.