Third Batch of Approved Empire State Development Grant Fund Awards Include Over $34 Million to 23 Shovel-Ready Projects
Full List of Round XIII Awardees Can Be Found Here
Governor Kathy Hochul today announced that more than $34 million has been awarded to support 23 projects across New York State through the Regional Economic Development Council initiative. Round XIII included core capital grants and tax credits from Empire State Development, which was made available on a continuous and competitive basis to support the immediate needs of communities. Funding will support impactful projects that align with each region's strategic goals.
“We are breaking ground on a new era of economic development in New York State – one that is centered on the unique innovate strengths of our communities,” Governor Hochul said. “By taking a bottom-up approach to state investment, we’re creating jobs and spurring growth that is revitalizing regions while building on the talents of New Yorkers.”
“We are continuing our efforts across New York State to build economies in ways that amplify each community’s assets,” said Lieutenant Governor Antonio Delgado, Chair of the Regional Economic Development Councils. “These projects are strategic stepping stones that will help to each region build on previous success and map a future for a brighter tomorrow.”
Empire State Development President, CEO and Commissioner Hope Knight said, “ESD is proud to support these investments in critical life science research, workforce development, historic conservation, cultural centers and affordable housing across New York State. With our Regional Economic Development Councils, which strategically identify opportunities for their communities, we are planting the seeds of economic growth both now and for the future.”
Read the full press release here.