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Hudson Valley Receives Millions in Project Funding

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The Regional Economic Development Council (REDC), Governor Andrew Cuomo’s approach to developing long-term economic plans in New York, awarded the Mid-Hudson Region a total of  $83.3 million in the latest round of funding announced last Thursday. This award, which includes $12.5 million in funding for various Westchester projects, is the highest of any ten regions in the state.

Among the county’s winners was the City of Yonkers, receiving $2.4 million for the Saw Mill River Daylighting project and $2 million for the Yonkers Sports Event Center to be built by the Armory Foundation, a proposed 137,000-square-foot complex. The projects chosen for funding are evidence of clear economic development here in Westchester and the Hudson Valley region, “particularly in urban centers,” says Business Council of Westchester CEO Marsha Gordon.

“The diversity of projects funded builds on the ‘live, work, play’ theme,” continues Gordon. “It shows that the region is an economic and positive place for people to work because businesses are investing here.”

 

Other notable Hudson Valley projects to receive funding include:

• $3,000,000 to LEGOLAND New York for the new amusement park in Goshen.

• $1,000,000 to Marist College for the Fulton Technology Cross Road Project, a multi-phase project that will bring together an array of resources to deliver education, advanced technology, and manufacturing in the areas of health, fine arts and technology.

• $745,299 to the Town of Liberty in Sullivan County to construct Phase 7 improvements within the White Sulphur Springs Water District.  

• $500,000 to the City of Poughkeepsie for the 3,000-foot Southern Waterfront Promenade along the City’s Hudson River waterfront to include a permanent deep water boat pier, a kayak/ canoe launch, public rest rooms, dedicated fishing stations, fountains, and places to gather along the river.

• $500,000 to the Boys & Girls Club of Newburgh for constructing a new Newburgh Performing Arts Academy and the Early Elementary Education Center.  

• $317,997 to the Village of New Paltz to build pedestrian/bike path bridges and amenities and form 3.3+ miles of recreational trails on public lands in the heart of New Paltz.

• $300,000 to the City of Kingston to install a youth soccer field at the Kingston Point Park Complex, improve drainage and pave the existing parking lot, improve the Kingston Point Dog Park, and regrade the softball field so players can safely play.

 

For more on Hudson Valley funding, check the REDC Awards booklet

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