Governor Cuomo Announces Hornell as $10 Million Southern Tier Winner of Fourth-round Downtown Revitalization Initiative

October 9, 2019

State to Collaborate with Southern Tier Regional Economic Development Council to Revitalize Hornell's Downtown

Part of Governor's Comprehensive Approach to Transform Communities into Vibrant Neighborhoods and Boost Local Economies

Downtown Revitalization Investments Complement "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy

Governor Andrew M. Cuomo today announced that Hornell will receive $10 million in funding as the Southern Tier winner of the fourth round of the Downtown Revitalization Initiative. As in the first three rounds of the DRI, one municipality from each of the state's 10 regional economic development regions is selected as a $10 million winner, marking another overall state goal to target $100 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods where the next generation of New Yorkers will want to live, work and raise a family.

"With this funding Hornell has a great opportunity to enhance its downtown area and secure better quality of life for the residents, along with a more robust economic future for the region," Governor Cuomo said. "We have seen a remarkable resurgence across New York's Southern Tier communities as a result of strategic investments through programs like the Downtown Revitalization Initiative, and we will continue to work with and empower these communities as they work to make the most of their local assets."

"With funding from the Downtown Revitalization Initiative, Hornell will be able to reimagine its future and invest in key projects to grow the local economy," said Lieutenant Governor Kathy Hochul. "I've been to DRI communities across New York, and have seen firsthand the transformation that occurs with this targeted investment. The City of Hornell will now begin a planning effort to support local projects and attract businesses to the area, helping to boost the entire Southern Tier region."

Read the full press release here.