Onondaga County Expands Loan Program

Geddes, N.Y. - Onondaga County announcing today that they will expand the county's loan program.

County Executive Ryan McMahon said that the county will be offering 1% interest loans that homeowners can use for renovations. The county will offer loans of up to $25,000 dollars in the town of Geddes. Previously, the loans were capped at $15 grand and only in the village of Solvay.

The loans are good for indoor or outdoor renovations and can be paid back in 10 years. Previously, the deadline was seven.

Officials say the county is willing to lend up to $2.3 million dollars

(Getty Images)

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