An executive order signed by President Donald Trump could effectively shutter the U.S. Treasury’s Community Development Financial Institutions Fund, which allocates millions each year to local nonprofits. On March 14, Trump ordered the heads of … [Read more...]
JLDC Releases ARPA Funds For Two Jamestown Businesses Whose Allocation Had Been in Question
The Jamestown Local Development Corporation has released American Rescue Plan funding it had been holding back for two businesses pending counsel on whether the appropriation of those funds had violated federal law. The JLDC Board had approved a … [Read more...]
Over Half Million Dollars in ARP Grants Awarded to 8 Jamestown Businesses
Over a half million dollars in American Rescue Plan funded grants have been approved for eight Jamestown businesses. The Jamestown Local Development Corporation awarded $500,000 in Machinery and Equipment Upgrades funds as well as $50,000 in New … [Read more...]
JLDC to Receive an Update on Questionable Grant Awards for Board Members During Wednesday Meeting
UPDATE: The Jamestown Local Development Corporation will not be discussing the ARPA grants awarded to Jamestown Skate Products and It's Your Day at its monthly meeting following an update sent this morning that removed that item for tonight's … [Read more...]
NYS Receiving $100 Million to Expand Broadband Access
New York State is receiving $100 million for broadband access expansion. The new federal investment comes from the $10 billion in the American Rescue Plan’s Capital Projects Fund. Senate Majority Leader Chuck Schumer said getting the American … [Read more...]
Majority of JLDC Board Members Have Not Received Required State Training
The vast majority of board members who serve on the Jamestown Local Development Corporation (JLDC) have not received any training that's required under state law. That's according to information provided by the State Authorities Budget Office, … [Read more...]
