River Street Planning & Development

Planning - Program Implementation

Rensselaer County JDP - Municipal Business Loan Fund Underwriting

The Job Development Program (JDP) Revolving Loan Fund provides supplemental funding for industrial and commercial development that will result in creating jobs in the county. River Street Planning provides assistance in the implementation of this program including technical assistance and Assistance in the development, administration, and implementation of economic development projects, including requirements and systems necessary for compliance associated with the use of CDBG funds; technical assistance regarding the financing of commercial and industrial projects including credit analysis, evaluation of market factors, analysis of public benefit, and all other factors associated with the provision of public financing for economic development activities; technical assistance regarding loan closing requirements, data collection and reporting including job monitoring to determine loan recipients’ compliance with job creation requirements, and activities associated with loan portfolio management.