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Governor Cuomo announced today that the Village of Webster will receive funding through the Restore NY program, to revitalize storefronts along East Main Street. This funding was the result of an ongoing collaboration between the Town of Webster, Webster Central School District, Village of Webster, Chamber of Commerce, and the Business Improvement District. The Webster Economic Development Alliance, under the direction of Matt Chatfield, plans, organizes and implements local community and economic development activities in Webster. For more information on the Alliance, visit: Webster Economic Development Alliance
GOVERNOR CUOMO ANNOUNCES MORE THAN $11 MILLION AWARDED TO FINGER LAKES MUNICIPALITIES IN ROUND 5 OF RESTORE NEW YORK COMMUNITIES INITIATIVE
Governor Andrew M. Cuomo today announced that $11.2 million has been awarded to ten Finger Lakes municipalities through Round 5 of the Restore New York Communities Initiative. Restore New York supports municipal revitalization efforts by awarding funding for projects that will reinvigorate downtowns and generate new economic opportunity in communities from Western New York to Long Island. Nearly $81 million was awarded to 71 municipalities statewide.
Round 5 of the Restore New York Communities Initiative was enacted in the FY 2017 State Budget, and Empire State Development was designated to implement the program. 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. Projects located in economically distressed communities were emphasized and encouraged.
Finger Lakes Projects
Accelerating Finger Lakes Forward
Today's announcement complements "Finger Lakes Forward," the region's comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $5.2 billion in the region since 2012 to lay the groundwork for the plan - investing in key industries including photonics, agriculture and food production, and advanced manufacturing. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in.
Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State's $500 million investment will incentivize private business to invest well over $2.5 billion - and the region's plan, as submitted, projects up to 8,200 new jobs.
For More Information: Finger Lakes Forward