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    26 May

    Economic Incentives for Small Businesses (COVID Relief)

    5/22/20:  New York State announced the launch of the New York Forward Loan Fund (NYFLF). This $100 million small business relief program will distribute loans to eligible businesses with 20 or fewer employees and less than $3 million in revenue (corrected from $3 billion).These funds will be available to businesses and nonprofits that have not received a loan from either the SBA Paycheck Protection Program (PPP) or the SBA Economic Injury Disaster Loan (EIDL) related to COVID-19 in 2020. Borrowers can apply to receive funds here; pre-application begins today. The SBDC New York office is also offering webinars on the program; to learn more and register click here. 

    For a full list of current loan funds available to New York businesses, click here.

     

    In addition, the SBA had provided the following updates:

     

    Paycheck Protection Program (PPP) Policy Update – Friday, May 22, 2020

    Interim Final Rule on Loan Forgiveness (released May 22, 2020)

    Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities (released May 22, 2020)

    Note: These IFRs are being posted in advance of publication in the Federal Register. The official versions will appear in the Federal Register.

     

    For more information and updates, visit SBA.gov/PaycheckProtection or Treasury.gov/CARES

     

    PPP and EIDL Reports

    In total, the SBA guaranteed 4,426,118 PPP loans through May 23, 2020. For more information on loan activity, click here.

     

    Report: EIDL Loans as of 5-23-20

    16 Mar

    IMPORTANT ANNOUNCEMENT: GLEN COVE CITY HALL CLOSED TO PUBLIC EFFECTIVE 3/17/20

    Due to Covid-19 Virus, Glen Cove City Hall will be closed to the public effective Tuesday, March 17, 2020 and all non-essential staff will be working remotely.  The CDA/Section 8/IDA/LEAC staff will be checking both email and voice mail remotely and we can be reached via the following contact information:

    CDA NAME/TITLE PHONE/EXTENSION EMAIL
    Ann Fangmann, CDA/Section 8/IDA/LEAC Executive Director 516-676-1625 Ext. 102 afangmann@glencovecda.org
    Anne LaMorte, CDA/Section 8/IDA/LEAC Chief Financial Officer 516-676-1625 Ext. 104 alamorte@glencovecda.org
    Margo Zoldessy, CDA/Section 8/IDA/LEAC Finance Manager 516-676-1625 Ext. 104 mzoldessy@glencovecda.org
    Camille Byrne, CDA/Section 8/IDA/LEAC Executive Assistant 516-676-1625 Ext. 112 cbyrne@glencovecda.org
    Jocelyn Wenk, CDA Grant Administrator 516-676-1625 Ext. 100 jwenk@glencovecda.org
    John Probert, CDA Grant Administrator 516-676-1625 Ext. 107 jprobert@glencovecda.org
    Fred Moore, Section 8

    Program Administrator

    		 516-676-1625 Ext. 105 fmoore@glencovecda.org
    Angelina Curcio, Section 8

    Sr. Housing Specialist

    		 516-676-1625 Ext. 110 acurcio@glencovecda.org
    Mariellen Adkins, Section 8

    Housing Specialist

    		 516-676-1625 Ext. 103 madkins@glencovecda.org
    17 Jan

    GLEN COVE IDA MEETINGS ARE LIVESTREAMED – EFFECTIVE JANUARY 2020

     

    In accordance with new legislation (NY Senate Bill 88 and NY Assembly Bill 3002 and General Municipal Law 857) all IDA meetings and public hearings shall be, to the extent practicable, livestreamed effective January 2020.  The Glen Cove IDA acted accordingly and at the 1/14/20 annual meeting, the Agency was able to livestream its meeting and all meeting recordings will be archived on the Glen Cove IDA website for five (5) years in accordance with the law.  The meetings can be viewed by visiting the Glen Cove IDA website via following link:

    Meeting Livestream

    13 Sep

    RXR Village Square “Topping Out” Ceremony 9/13/19

    Pictured above (left to right):  Ann LaMorte, Glen Cove IDA CFO; Ann Fangmann, Glen Cove IDA Executive Director; Mayor Tim Tenke, Glen Cove IDA Chairman; Will DeCamp, Sr. VP Hunter Roberts Construction; Joe Graziose, EVP Residential Development & Construction RXR.