Town of Cortlandville Grant Agreement 2026-05-01
Cortlandville CDBG Housing Grant to Local Homeowner
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Description
The Town of Cortlandville approved a CDBG-funded grant/loan of $78,925 at 0% interest to Doris A. Bush a/k/a Doris A. Stanton for repairs and improvements to 4125 McGraw North Road. The assistance is secured by a five-year Declaration of Interest lien and is subject to a recapture schedule if the property is sold, rented, or ceases to be the primary residence within five years.
Contract Details
Contract Amount
$78,925.00, plus additional funds if there are any approved change orders
Vendor
BUSH, DORIS a AKA STANTON, DORIS a
Agency
Cortlandville Fire District, NY
Contract Type
OTHER
Document Date
May 1, 2026
Contract Term
Five-year regulatory period from first of month following project award date
Renewal Info
Five-year regulatory and lien period from the start date following project award; assistance subject to recapture on a declining schedule if triggering events occur within 60 months. No explicit renewal or extension options are provided.
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Town of Cortlandville Town Board Meeting Agenda 2026-05-20
Town of Cortlandville Town Board Meeting Agenda 2026-05-20
Town of Cortlandville Town Board Meeting Agenda 2026-05-20
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