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What is the Quaboag Valley Community Development Corporation and the Quaboag Valley Business
Assistance Corporation?
Mission Statement of the CDC
To improve the quality of life in the Quaboag Valley by addressing the economic environmental, and social
needs of its residents while maintaining the integrity and character of each community in the region.
The CDC is a private non-profit corporation. As a project-focused organization, it has a unique ability to
obtain funding from a wide variety of public and private sources.
The CDC, acting with advice from its members and a member-based Board of Directors, works in partnership with
the Quaboag Valley Business Assistance Corporation, and Quaboag Valley Chamber of Commerce and other regional
organizations to provide a wide range of programs and services to enhance the economic climate of our region.
Objectives of the CDC include:
- Loans to area businesses that are microentrepreneurs or intend to create jobs.
- Re-development of blighted commercial areas which private investors have traditionally avoided;
- Job creation for unemployed or underemployed persons through specialized training programs;
- Coordination of public & private resources on regional economic development projects.
To make a tax
deductible donation of cash or equipment please click here.
The Quaboag Valley CDC is an Equal Opportunity
provider
FUNDING FOR THE BUSINESS ASSISTANCE CORPORATION'S LOAN PROGRAM:
The Quaboag Valley Business Assistance Corporation's revolving loan fund has been capitalized by grants from
the Massachusetts Department of Housing and Community Development through the Town of Palmer, by grant form
the U.S. Department of Agriculture, and by a line of credit from the following area banks,
Bank of America, Country Bank for Savings, Monson Savings Bank,
North Brookfield Savings Bank, Spencer Savings Bank, and FamilyFirst Bank.
Quaboag Valley Business Assistance Corporation
Board of Directors
| TOWN |
APPOINTMENT |
TERM |
|
Belchertown |
pending |
|
|
Brimfield |
Carolyn Haley |
Indefinite |
|
Brookfield |
James Allen |
June 2009 |
|
East Brookfield |
pending |
|
|
Hardwick
|
Sherry Patch |
June 2009 |
|
Holland |
Earl Johnson |
June 2009 |
|
Monson |
Kevin Manghan |
Indefinite |
|
New Braintree |
Glenn Merkel |
June 2009 |
|
North Brookfield |
pending |
|
|
Palmer |
Ronald Christensen |
June 2009 |
|
Spencer |
Bob Cirba |
June 2009 |
|
Wales |
Robert
Learned |
June 2009 |
|
Ware |
Harrison Quirk |
Indefinite |
|
Warren |
Vincent McCaughey |
Indefinite |
|
West Brookfield |
David Eisenthal |
June 2009 |
Executive Committee
President: James Algie
Vice Pres.: Ronald Christensen
Treasurer: Michael Audette
Clerk:
Michael Audette
Kevin Manghan |
Harrison Quirk |
Patty Clark |
Quaboag Valley Community Development Corporation
Board Members
| James Algie -
Treasurer |
2011 |
| James Allen |
2011 |
| Ronald Christensen |
2010 |
| Alice Davey |
2011 |
| Judith Gillan |
2010 |
| Carolyn Haley |
2010 |
| Edward Harrison |
2009 |
| Janice Hills |
2009 |
| Kevin Manghan |
2011 |
|
Glenn Merkel |
2010 |
| Vincent McCaughey -
President |
2009 |
| Harrison Quirk -
Clerk |
2009 |
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