Purpose:
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| SEDCO is a private, nonprofit local development corporation funded by CDBG. It administers SEDCO Direct Loans. The loan proceeds can be used for the acquisition of land, buildings, or rehabilitation of real property, or machinery equipment. The maximum loan amount cannot exceed 50% of total project cost. The interest rate will be prime minus 1% and the term of the loan can be between 5 to 20 years. |
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| Meetings: |
| Board of Directors: 1st Friday of every month, 8:30 a.m. |
| Loan Committee Meetings: scheduled as needed a week before (Wednesday) the scheduled Board of Directors Meeting. |
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| Organization: |
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Benjamin Walsh, President
Deputy Commissioner of Neighborhood and Business Development
Washington Station, 333 West Washington Street, Ste 130
Syracuse, New York 13202 |
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Kenneth Mokrzycki, Secy/Treas.
City of Syracuse
203 City Hall, 233 East Washington Street
Syracuse, New York 13202 |
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Sheldon (Shelly) Ashkin
1st Deputy Commissioner, City of Syracuse Department of Finance
110 City Hall, 233 East Washington Street
Syracuse, New York 13202 |
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David V. Bottar
Executive Director
Central New York Regional Planning & Development Board (CNYRP&DB)
126 North Salina Street,
100 Clinton Square, Suite 200
Syracuse, New York 13202 |
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Benjamin Bunting
Owner, Tippin-In
227 South Avenue
Syracuse, New York 13204 |
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Paul Driscoll
Commissioner of Neighborhood and Business Development
City of Syracuse
201 East Washington Street, 6th Floor
City Hall Commons
Syracuse, New York 13202 |
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Richard Driscoll
Vice President, M&T Bank
101 South Salina Street
Syracuse, New York 13202 |
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David Mankiewicz
Assistant to Executive Vice President
Metropolitan Development Association (MDA)
1900 State Tower Building
Syracuse, New York 13202 |
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Nader Maroun
City of Syracuse Common Councilor
314 City Hall, 233 East Washington Street
Syracuse, New York 13202 |
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Contact:
Judith DeLaney (315) 473-3275
Washington Station, 333 West Washington Street, Ste 130
Syracuse, New York 13202
Fax: (315) 435-3669
E-mail: jdelaney@ci.syracuse.ny.us |
