 On April 8, 2005 Dutchess County Executive William R. Steinhaus announced an award for a local business, Hudson Beach Glass, of Beacon in the form of a low interest business loan in the amount of $300,000.The loan was part of an economic development project under Dutchess County's Community Development Block Grant Program (CDBG).CDBG funding is provided through the U.S. Department of Housing and Urban Development.