REDC

Twitter: @LtGovHochulNY

Awards have been announced in the ninth round of New York state Regional Economic Development Council funding.

New leaders have been announced for the North Country Regional Economic Development Council.

New York Governor Andrew Cuomo was in Saranac Lake today to announce that the Adirondack village is the latest community to receive state Downtown Redevelopment Initiative funds.

New South Wales Deputy Premier John Barilaro at the Strand Theatre in Plattsburgh
Pat Bradley/WAMC

The Deputy Premier of New South Wales, Australia was in Plattsburgh today meeting with local officials and touring facilities that have benefitted from Regional Economic Development Council funding.

Mid-Hudson Is A Top Performer In REDC Grants

Dec 14, 2017

New York Governor Andrew Cuomo on Wednesday announced more than $755 million in Regional Economic Development Council grants. The Mid-Hudson region emerged a top performer. WAMC’s Hudson Valley Bureau Chief Allison Dunne takes a look at a few of the many projects being funded.

Governor Andrew Cuomo
Office of Governor Andrew Cuomo

New York state and local leaders gathered in Albany Wednesday for the latest announcement of regional economic development awards.

New York’s 10 Regional Economic Development Councils are presenting their annual reports to the state, including their priority projects. The documents are key in the annual competition that awards up to $150 million in capital funds and $75 million in Excelsior Tax Credits.  On Wednesday, the State Assessment Team was in Plattsburgh to hear the North Country Regional Economic Development Council report.

Regional Economic Development Council
Regional Economic Development Council website

New York’s 10 Regional Economic Development Councils are presenting their 2016 proposals to the Strategic Implementation Assessment Team this week.  It’s the first part of the process that will lead to $750 million in development grants being awarded across the state.

Regional Economic Development Council
Regional Economic Development Council website

  Three of seven regions in competition in upstate New York were awarded $500 million each in economic development money, in a contest by Governor Cuomo that critics have called the “Hunger Games.”

The Finger Lakes, the Southern Tier and central New York have each won $500 million in state funds as part of Gov. Andrew Cuomo's upstate economic development competition.

Whiteface Mountain
Mwanner/Wikipedia Commons

Political and private sector leaders from around the state are spending three days at the Capitol, making their best case to win a share of $1.5 billion dollars in economic development monies for their region. Critics have called the competition the “hunger games,” because, under the rules, three regions will win, but four others will lose out on the funds.