75 Projects Awarded Funding to Reinvigorate Downtowns and Generate Economic Opportunity
Governor Andrew M. Cuomo today announced nearly $40 million awarded to 75 municipalities through Round 4 of the Restore New York Communities Initiative. Restore NY supports municipal revitalization efforts across the state, helping to reinvigorate downtowns and generate economic opportunity in communities from Western New York to Long Island.
“These projects will help bring new vitality and opportunities for growth to communities across New York by transforming blighted properties and making key infrastructure investments,” Governor Cuomo said. “With this funding, we are helping to build stronger regional economies and are laying the foundation for a more prosperous New York for all.”
Governor Cuomo enacted the Restore New York Communities Initiative in the FY16 State Budget and designated Empire State Development to implement the program. Round 4 launched in June 2016. Cities, towns and villages were all eligible to apply for support for projects that include demolition, deconstruction, rehabilitation, or reconstruction of vacant, abandoned, condemned and surplus properties.
“By preserving the cultural legacy and historical character of our downtowns, Governor Cuomo is breathing new life into old institutions and laying the foundation for future economic success and opportunity,” Lieutenant Governor Hochul said during a presentation today at the Hollywood Theater in Gowanda, one of the award recipients.
Empire State Development President, CEO & Commissioner Howard Zemsky said, “The Restore New York Communities Initiative revitalizes urban centers and is an important step towards attracting residents and businesses to rebuild underserved neighborhoods.”
Highlighted projects from each region are detailed below and a full list of projects receiving funding is available here.
The Capital Region was awarded $3,028,205 to support five projects.
Central New York
Central New York region was awarded $3,350,000 to support four projects.
The Finger Lakes region was awarded $5,536,888 to support nine projects.
Long Island was awarded $1,458,470 to support three projects.
The Mid-Hudson region was awarded $5,419,490 to support 10 projects.
The Mohawk Valley was awarded $4,652,915 to support nine projects.
The North County was awarded $4,174,000 to support ten projects.
The Southern Tier was awarded $4,234,750 in support of eleven projects.
Western New York
Western New York was awarded $7,295,257 to support fourteen projects.