In its sixth year, the Downtown Revitalization Initiative will award $10 million to one community in each of the ten New York economic regions.
New this year, NY-Forward awards will be smaller but more numerous than the DRI, offering up to three awards per region - either two $4.5 million awards, or one $4.5 million award and two $2.25 million awards.
The awards will help winning communities develop plans and implement projects which will “connect the renaissance of magnet cities with the revitalization of smaller downtowns - creating greater opportunities for New York residents, businesses, and visitors.”
New this year, NY-Forward awards will be smaller but more numerous than the DRI, offering up to three awards per region - either two $4.5 million awards, or one $4.5 million award and two $2.25 million awards.
The awards will help winning communities develop plans and implement projects which will “connect the renaissance of magnet cities with the revitalization of smaller downtowns - creating greater opportunities for New York residents, businesses, and visitors.”
Goals of the ProgramsThe DRI and NY-Forward programs provide a comprehensive approach to improving the physical, social, and economic climate of participating communities. The intention is to provide funding that can help communities on the cusp of economic revitalization tip over into sustained prosperity. The fundamental goals of the DRI include:
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Want to learn more?
For more information about Economic and Community Development initiatives in Canton please contact Leigh Rodriguez, Director of Economic Development, at (315) 386-2871 x5 or by email at [email protected].