Item 62
approved grant late itemDec 18, 2019
Description
Authorize, under the Community Development Block Grant program, to award a grant to the City of Keene, NH, in the amount of $500,000 for the purpose of subgranting funds to the Monadnock Economic Development Corporation which will provide loans to the Monadnock Community Market Cooperative Inc., d/b/a Monadnock Food Co-op and to MFC Land Company Inc., to support the Co-op’s expansion project in Keene, NH. Effective December 18, 2019 through June 30, 2021. 100% Federal Funds.
Amount
$500,000
$500,000
Department
COMMUNITY DEVELOPMENT FINANCE AUTHORITY
Funding Source
100% Federal Funds
Vote Record
approved
Motion by Volinsky, seconded by Prescott
Michael Cryans
(D)
yes
Andru Volinsky
(D)
yes
Russell Prescott
(R)
yes
Ted Gatsas
(R)
yes
Debora Pignatelli
(D)
yes
Documents (1)
Item_62.pdf
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