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WPCNR ALBANY ROUNDS. From Assemblyman Robert Castelli’s Office (A.D. District 89) December 8, 2011:
Assemblyman Robert J. Castelli (R, C –
Castelli called the $67 million funding award the capstone of a historic week in
“To further help promote economic growth, today’s funding awards will help rebuild our region’s decaying infrastructure and invest in high-tech job creation and education,” Castelli said. “Coupled with yesterday’s tax cuts, lawmakers have taken an important step to revitalizing
A breakdown of some of the awards to the Mid-Hudson region follows:
Strategy for Investment in Region Resources and Emerging Bio-Tech Sector
The Mid-Hudson strategic plan was designed to take advantage of the region’s location and resources. The Mid-Hudson Region contains a diverse mix of urban, suburban, and rural areas, a full spectrum of businesses, local colleges and universities; a highly diversified and educated workforce; and proximity to
Affordable Housing
More than $30 million will go toward the development of affordable housing and to community revitalization throughout the region, including $400,000 for construction of 10 single-family townhouse at Cockren Commons in the Hamlet of Armonk within the town of
Industrial Development
More than $8 million will be invested in local manufacturing firms, including $5 million for San-Mar Manufacturing to upgrade its facility to develop the regulatory infrastructure requirements set by the FDA. An additional $950,000 will go to Silarx Pharmaceuticals, Inc. to expand a manufacturing facility for quality generic liquid pharmaceutical products.
Infrastructure Investments
Over $3 million will go toward critical infrastructure investments for local municipalities.
Announced in July, the Regional Councils represent a fundamental shift in the state’s approach to economic development from a top-down development model to a community-based, performance driven approach which empowers individual areas to develop comprehensive strategic plans that invest in regional solutions to create jobs and economic growth. As part of the Regional Council process, a Strategic Plan Review Committee had analyzed and ranked the strategic plans for each region competing for specially targeted economic development funding.
“Regional collaborations and planning is a roadmap to get New Yorkers back to work,” Governor Cuomo said. “The plans submitted by all ten regions were truly extraordinary. For the first time, we are putting the power of the State Government behind the innovation of our people, giving them the tools to rebuild our economy.”
“The Mid-Hudson Regional Council’s plan tapped into our region’s assets, its scenic beauty, highly educated workforce, and close proximity to
The plans are the result of months of consideration by the Regional Councils and input from the public in each region. The process included holding over 100 public meetings, forums and community workshops across the State. Thousands of New Yorkers contributed to the development of the plans through these events.
In addition to the strategic planning grants made available through the Regional Council initiative, a Consolidated Funding Application (CFA) was created to give businesses and other entities streamlined and expedited access to economic development funding from nine state agencies and 29 existing programs.







