PJ Preliminary Budget Has $88K for Development Agency

On Dec. 3, after about 10 minutes of deliberation in executive session, the Port Jervis Common Council decided to put $88,000 into the preliminary budget for the Port Jervis Community Development Agency (CDA).
PJ Preliminary Budget Has $88K for Development Agency
Valerie Maginsky, the executive director of the Port Jervis Community Development Agency (PJCDA) in Port Jervis on Dec. 4, 2015. Holly Kellum/Epoch Times
Holly Kellum
Holly Kellum
Washington Correspondent
|Updated:

PORT JERVIS—After about 10 minutes of deliberation in executive session, the Port Jervis Common Council decided to put $88,000 into the preliminary budget for the Port Jervis Community Development Agency (CDA) in it’s On Dec. 3 budget workshop.

The CDA is a public benefit corporation that applies for and administers grants, seeks loans for housing rehabilitation and small businesses, and acts as a liaison between the city and other agencies and organizations when it comes to development.

Since 2014, it has secured almost $2 million in grants with another $10.2 million pending announcement, said Valerie Maginsky the executive director of the Port Jervis CDA.

The Port Jervis CDA is not a city agency but works almost completely for the City of Port Jervis; after carefully tracking her hours for the year, Maginsky, the CDA’s sole full-time employee, found she devoted 80 percent of her time to city projects.

Since 2014, it has secured almost $2 million in grants with another $10.2 million pending announcement.
Holly Kellum
Holly Kellum
Washington Correspondent
Holly Kellum is a Washington correspondent for NTD. She has worked for NTD on and off since 2012.
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