Loan to Native Americans to Spur Growth on Reservation

New YorkNorth County Now in New York reports that the Akwesasne Mohawk Indian Reservation has been home to General Fine Homes since 1993 when George and Rowena General began selling log homes.  Modular and manufactured homes were later added, with customers in France, Canada and throughout the state, but their Native American neighbors generally did not qualify for conventional loans.  A $200,000 business loan from Pathstone Enterprise Center, a Community Development Financial Institution in Rochester, may now help to change that.  In addition to creating the dream of home ownership, the funding will provide jobs for local residents as it strives to develop a vibrant local economy.  Pathstone is a Small Business Association (SBA) and U.S. Department of Agriculture (USDA) approved lender that offers lending, training and technical assistance to small businesses throughout upstate New York. Said George General, “We can now work with Pathstone to complete the sale of homes to qualified customers in Akwesasne.”

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top