Friday, September 4, 2009

Oyster Bay Made Eligible for $200,000 in New York Main Street Funds

Oyster Bay, New York – The Oyster Bay Main Street Association is pleased announce that their organization will receive $200,000 from the New York State Main Street program for building renovation and streetscape improvements in downtown Oyster Bay.

This grant was among more than $30 million for community development and Main Street revitalization announced by Governor David A. Paterson. “Revitalizing traditional downtown business districts, and rehabilitating and renovating housing for working families will provide much-needed investment and make New York a better place to live, work and raise a family”, according to Governor Paterson.

More details about this exciting grant program and how business owners and building owners might apply for these funds will be announced at the Oyster Bay Main Street Annual Meeting on September 15, 2009, at 7pm, in Christ Church Parish Hall, 55 East Main Street.

Projects eligible for funding are located in a three block “target area” including the main intersection of Audrey Ave, East Main Street, and South Street, and bounded by Spring Street and Audrey Avenue to the West, Hamilton Avenue to the North, White Street to the East, and East Main Street & West Main Street to the south.

Building or business owners in the target area are eligible to apply for up to $40,000 per building, with an additional $20,000 per assisted residential unit available up to a maximum total of $100,000 per project. The grant will require at least a 25% cash match on the part of the owner.

Oyster Bay Main Street Association will be responsible for selecting projects from applications received. Main Street President Ellen Roché said, “At the direction of the state we are especially looking for projects in the target area that have historic value, are visually prominent on Main Street, or that will, with the assistance of grant funds, realize a stabilization or expansion of a Main Street business.”

The application that made Oyster Bay eligible for these funds was submitted in April, and received supporting letters from Raynham Hall Museum, Sagamore Hill National Historic Site, Save the Jewel By the Bay, and the Oyster Bay Historical Society. Sagamore Hill Superintendent Thomas E. Ross in their letter of support wrote, "The grant you are seeking is a critical piece in preserving and presenting the hamlet to thousands of visitors seeking to learn more about Theodore Roosevelt and the area's rich history."

Business and building owners considering applying for a grant are requested to attend a public workshop on Thursday, September 24, at 8:30am in the Christ Church Parish Hall, at 55 East Main Street. This will give people an opportunity to hear more about the program and to ask questions.

Completed applications are due by 4pm on Thursday, October 8, 2009, and may be delivered to the Main Street program office at 55 East Main Street, Oyster Bay. The grant application may be downloaded at the link that follows or by contacting Main Street at the information below:

Contact: Isaac D. Kremer
P.O. Box 116, Oyster Bay, NY 11771
Phone: (516) 922-6982

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