Wednesday, December 13, 2017

PRESS RELEASE: Mid-Hudson Valley wins $84.8 million for project funding in REDC grants


ALBANY – A total of 113 projects worth $84.8 million were awarded Wednesday as the Mid-Hudson Valley’s portion of almost $800 million divvied up by the state to its 10 regions.

Thirteen of the projects in this region won $1 million or more. (Click here for complete list)
The City of Middletown, which last year won the $10 million Downtown Revitalization Initiative grant, was awarded just over $3 million in this round to purchase land and conservation easements to enhance a reservoir buffer.

The City of Kingston, which won the $10 million DRI prize earlier this year, will receive $2 million in this round for the Kingston Uptown Revitalization project.

The Hutton Brickyards Redevelopment project in Kingston was awarded $1 million.

The Town of Hyde Park won $1.5 million for its downtown infrastructure project.

The Winnakee Land Trust won $1.2 million to acquire 335 acres in the Town of Red Hook to protect the water supply.

Mediprint LLC was awarded $1.2 million for medical 3D printing services in Orange County.

The Tuxedo Sloatsburg Corridor Revitalization project phase II in Rockland and Orange counties will get $1 million.

The southeast Sewer and Water Infrastructure project in the Brewster/Town of Southeast area of Putnam County will receive $1.1 million.

The West Nyack Hamlet Green Revitalization in Rockland County will receive $1 million.

The Bowery of Port Chester-Revitalization Downtown in Port Chester will receive $2 million.

New Rochelle Green Parking Garage was awarded $1 million and the Lea Goren Group will receive $1 million for the Power plant phase two project in Yonkers.

Close to $1.2 million was awarded for the Byram River Bulkhead replacement in Port Chester.
The Mid-Hudson program also includes $25 million in federal industrial development bonds for state and local government issuers to sell tax-exempt bonds for eligible economic development, infrastructure and community revitalization efforts.

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