Long Island Announcement | NY State Executive Budget FY2025 скачать в хорошем качестве

Long Island Announcement | NY State Executive Budget FY2025

January 18, 2024 - Governor Kathy Hochul today announced Smithtown-Kings Park as the Long Island winner of the seventh round of the Downtown Revitalization Initiative, receiving $10 million, as well as Brookhaven-North Bellport and Mineola as this year’s Long Island region NY Forward winners, receiving $4.5 million each. For Round 7 of the Downtown Revitalization Initiative, each of the state's 10 economic development regions are being awarded $10 million, to make for a total state commitment of $100 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods. Building on the momentum of the successful Downtown Revitalization Initiative, the $100 million NY Forward program adopts the same "Plan-then-Act" strategy as the DRI, which couples strategic planning with immediate project implementation to support a more equitable downtown resurgence for New York's smaller and rural communities. With the Governor’s commitment this year of $100 million each for the Downtown Revitalization Initiative and NY Forward, the State has now invested a combined total of $1 billion in both programs since their inception.