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Governor Hochul Announces Port Jervis as the $10 Million Mid-Hudson 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 Downtown Port Jervis

Governor Kathy Hochul today announced that the City of Port Jervis will receive $10 million in funding as the Mid-Hudson Region winner of the sixth round of the Downtown Revitalization Initiative. For DRI Round 6, 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.

"Our Downtown Revitalization Initiative is helping communities across New York reinvigorate their downtowns, jumpstart their economies, and attract the businesses and jobs that allow residents to thrive," Governor Hochul said. "With this award, the City of Port Jervis will begin a new chapter toward revitalizing its downtown and growing its local economy as a scenic destination for community members and visitors alike."

The DRI serves as a component of the State's economic development policy by transforming downtown neighborhoods into vibrant centers of activity that oer 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 identies 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. As part of the FY 24 Executive Budget, Governor Hochul has proposed $100 million to fund an additional round of DRI.

Read the full press release here.