Dutchess County will host an information session Thursday about the New York state consolidated funding application process and the new Upstate Revitalization Initiative, County Executive Marcus J. Molinaro recently announced.
The CFA is the single point of entry for access to millions of dollars in economic development funding through multiple state funding sources. The Upstate Revitalization Initiative, introduced this year by Gov. Andrew Cuomo, will award $500 million each to three upstate regions over five years, with $100 million awarded this year to each winner. The mid-Hudson is one of seven regions competing. The CFA is also the application for the state”™s Regional Economic Development Council program, in which up to $750 million in state grants, loans and tax credits will be awarded this year to public and private development projects statewide.
The session, which will be held at 9 a.m. at the Marist College boathouse in Poughkeepsie, is open to county businesses, educational institutions, nonprofits and local governments. It will be presented by Meghan Taylor, mid-Hudson regional director for Empire State Development Corp.
It will be hosted by Dutchess County in partnership with the Mid-Hudson Regional Economic Development Council and Empire State Development.
“We will continue to work directly with applicant to ensure as they are as well prepared as possible and we can continue to bring the maximum amount of state funding to Dutchess County,” Molinaro said in a statement.
Funding is available for eight types of public projects, which include community development and energy. The deadline to submit applications is July 31.
The Mid-Hudson Regional Economic Development Council last year secured $82.9 million for 118 projects.
