EDIC Wraps Up Community Development Block Grant Program

By Calli Remillard
Falmouth Enterprise

The Falmouth Economic Development & Industrial Corporation has officially wrapped up its Community Development Block Grant Program after two years of providing COVID relief to small businesses in town.

Lynne Broderick, administrator for the EDIC, provided the board with a final recap at its meeting on Tuesday, June 14. The 16-month process began in December 2020 and closed out last month.

Former EDIC executive director Michael DiGiano, Ms. Broderick and EDIC member Michael Galasso represented the organization on the CDBG review committee. Michael Kasparian of the Falmouth Chamber of Commerce and Mark Lowenstein of SCORE were also members of the committee, which worked to facilitate the microenterprise grant program and distribute funds that Falmouth had been granted for COVID relief.

Ms. Broderick said the committee was active in reviewing and approving applications received from small businesses looking for relief. Ultimately, 13 businesses received grants of varying amounts for a total of $173,840 awarded. To read more of this article click here.