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Cairo officials finally hand out 1998 housing grant

Mar 09, 2022 2:02 pm

Ted Remsnyder reports for Columbia-Greene Media that after a 24-year delay, and in the midst of a Hudson Valley housing crisis, Cairo officials finally approved the dispersal of $61,860 of funding from a U.S. Department of Housing and Urban Development grant in 1998. $50,000 goes to the Cairo Development Foundation and $5,930 apiece to Mountainview Enterprises and Emmy Cross to rehabilitate low-income housing. The $50,000 for the Cairo Development Foundation was approved for dispersal in 2019, to cover the cost of renovations to two residential apartments on 467 Main St. the foundation owns. But then the resolution was pulled and the funds were not dispersed for the past three years. “We’re elated to finally get it,” Susan True, a member of the Cairo Development Foundation board, said Monday. “Everything’s already been spent and now we can recoup this money for other purposes — that’s what it was intended for way back when. They did everything they needed to revamp those two apartments and they’re beautiful. Now, we can go forward with other projects.” Mountainview Enterprises and Emmy Cross now have one year to use, or return, the grant money. Read more about this story at HudsonValley360.com.