Stefanik Announces $125,000 for Adirondack Economic Development Corporation

Washington, D.C. – Congresswoman Elise Stefanik today announced Adirondack Economic Development Corporation (AEDC) in Saranac Lake will receive $125,000 from the Department of the Treasury’s Community Development Financial Institutions Fund to hire a full-time Business Opportunities Counselor to grow AEDC’s counseling services to disadvantaged clients.

Stefanik provided a letter of support for this grant.

“I am proud to announce that $125,000 in taxpayer dollars will return to our district to help advance economic opportunity for families in New York’s 21st District,” Stefanik said. “I will always bring the concerns of Upstate New York and the North Country to the highest levels and was proud to support the Adirondack Economic Development Corporation in their pursuit of this grant funding and help secure this result. Now, these funds will help support AEDC’s mission to provide services to underserved people and communities and grow its counseling services.”

“AEDC is so pleased to have received this important award from the U.S. Department of the Treasury. We are extremely appreciative of Congresswoman Stefanik’s key support in bringing these resources to the North Country. AEDC will put the award to work in assisting many disadvantaged small business owners in the North Country of New York State. We know that small business drives our region and we are excited to be able to further serve these entrepreneurs,” said Victoria Duley, Executive Director of AEDC.

AEDC organization serves a 14 counties in New York, including Clinton, Essex, Franklin, Fulton, Hamilton, Herkimer, Jefferson, Lewis, Oneida, Oswego, Saratoga, St. Lawrence, Warren, and Washington Counties.