Governor Cuomo Announces Nearly $40 Million Awarded in Round 4 of Restore NY Communities Initiative

75 Projects Awarded Funding to Reinvigorate Downtowns and Generate Economic Opportunity

January 26, 2017

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.

To read the full release, click here.