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Governor Hochul Announces East Harlem as the $10 Million New York City Region Winner of Sixth-Round Downtown Revitalization Initiative

Downtown Revitalization Investments are a Critical Part of the State's Comprehensive Economic Development and Community Growth Strategy

State to Work with Residents, Community Leaders and Public Officials to Revitalize East Harlem

Governor Kathy Hochul today announced that East Harlem will receive $10 million in funding as the New York City region winner of the sixth round of the Downtown Revitalization Initiative. Each of the state's 10 economic development regions will be awarded $10 million during this sixth round, which will total a $100 million state commitment to help communities boost their economies by transforming downtowns into vibrant neighborhoods.

"The rich culture and history of East Harlem is an incredibly important part of New York City's story," Governor Hochul said. "Through this $10 million investment, we can help the community preserve its heritage and spur economic development within the neighborhood for generations to come. I look forward to seeing East Harlem write the next chapter in its vibrant story."

The DRI serves as a component of the state's economic development policy by transforming downtown neighborhoods into vibrant centers of activity that offer a high quality of life and attract businesses, jobs and economic and housing diversity. Like past DRI rounds, each selected community will develop a strategic plan through a bottom-up, community-based planning process that articulates a vision for the revitalization of its downtown and identifies a list of signature projects that have transformative potential and leverage further private and public investments. The Department of State will then award DRI funds to selected projects with the greatest potential to jumpstart revitalization and realize the community's vision.

Read the full press release here.