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What is the New York State Emergency Services Revolving Loan Program?

April 26, 2017emergency loan new york program revolving Services State

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What is the New York State Emergency Services Revolving Loan Program?

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The Program makes low-interest loans available to cities, villages, fire districts, not-for-profit fire/ambulance corporations, counties, and towns at an annual rate of 2.5 percent. Payments are deposited into the Revolving Loan Fund, and loans are made available to new applicants based upon criteria set in the state law.