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Finger Lakes Land Trust to highlight conservation efforts at Keuka Lake event

Finger Lakes Land Trust to highlight conservation efforts at Keuka Lake event Penn Yan ....

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Digital Marketing for Small Businesses seminar

Gain insightful and powerful knowledge on digital marketing strategies geared for small business owners and employees at this Keuka College seminar. ....

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College closes on $11 million federal loan to buy Keuka Commons

The college will use funds to purchase Keuka Commons, the 28,000-square-foot multipurpose complex on the corner of Assembly and Central Avenues. ....

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Penn Yan Action Coalition seeks bedding for refugees: How you can help

Local organizations, coordinated by the Penn Yan Action Coalition, are mobilizing to aid in regional efforts, and Yates County residents can help. ....

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Keuka College secures $11M federal loan

Keuka College secures $11M federal loan
Staff reports
The Chronicle-Express
The USDA-Rural Development loan will be used to purchase Keuka Commons, generating substantial savings for the college
KEUKA PARK – Keuka College has received some long-awaited good news; after an exhaustive review of the college’s financial stability, the U.S. Department of Agriculture has approved a Rural Development Community Facilities loan to the college worth upwards of $11 million.
The approval, which caps a two-plus-year application process, comes with a Letter of Conditions requiring the college to meet a number of obligations before the loan is issued.
“This welcome news could not come at a better time,” said college President Amy Storey. “The pandemic has created all kinds of new challenges for our region. The College has done its best to meet those challenges and this loan will help us continue on that path. The more favorable interest rates provided through t ....

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