Sentences with phrase «economic development councils compete»

Ten regional economic development councils compete annually for funding and access to those tax credits for local projects.

The announcement comes as 10 regional economic development councils compete for tax credits and grants in order to develop job - creating ideas.

Not exact matches

«I know we are competing against every other metropolitan area in the nation,» said Greg Prestemon, CEO of the St. Charles County Economic Development Council (EDC).

New York's 10 regional economic development councils will compete for more than $ 800 million in state economic development aid in the latest round of an initiative launched by Cuomo six years ago.

The Finger Lakes Regional Economic Development Council is competing for that state money, a taxpayer - infused boost for the winning regions.

The seven regions that were not winners in the Upstate Revitalization Initiative or were not eligible to compete in it will still receive funding ranging from $ 83.9 million to $ 100.3 million in 2016 under Cuomo's regional economic development council program.

Gov. Andrew Cuomo, a HUD secretary in the Clinton cabinet, created the 10 regional economic development councils as a way of stimulating job growth by having various regions of the state compete for grant money and tax incentives.

The Cuomo administration earlier this year created 10 regional economic development councils that will compete for up to $ 100 million in grants and tax credits in exchange for developing job - creation plans.

Syracuse, N.Y. — New York's 10 regional economic development councils will compete for more than $ 800 million in state economic development aid in the latest round of an initiative launched by Gov. Andrew Cuomo six years ago.

Despite that difficult decision, the City of Buffalo is well positioned to compete for funding that will be available through the creation of the Regional Economic Development Councils and for the Governor's recommended grants that will reward municipalities that either consolidate services or make added improvements and efficiencies in operations.»

That's just a sample of the hundreds of projects funded by one of Cuomo's signature economic development initiatives, a system of 10 regional councils that develop plans based on regional strengths and compete for state funding — more than $ 4 billion so far.

The Capital Region will compete against six other upstate councils (not including Buffalo Billion recipient Western New York) for Gov. Andrew Cuomo's latest competition, which will coincide with the fifth iteration of his annual Regional Economic Development Council awards.

Kolb also suggested the money could come from the pool of cash Governor Cuomo has been put aside for regional economic development councils to compete for.

Cuomo then said that the state's regional economic development councils, which have competed for state resources and developed strategic plans, would craft their annual requests for funding at the same time.

«Whether it's the (Central New York) Regional Economic Development Council, or whether it's competing for money for land banks.

The 10 regional councils, made up of local officials, business executives and representatives from colleges and universities, compete to win state funding for their economic development plans.

He proposed $ 750 million for an eighth round of Regional Economic Development Councils, which set regional economic development priorities and compete against each other for funding alloEconomic Development Councils, which set regional economic development priorities and compete against each other for funding aDevelopment Councils, which set regional economic development priorities and compete against each other for funding alloeconomic development priorities and compete against each other for funding adevelopment priorities and compete against each other for funding allocations.

With the support of the state Legislature, Cuomo created the Regional Economic Development Councils (REDCs) as a way for regions to «compete for» and create innovative and job producing projects.

Added Brian McMahon, president of the New York State Economic Development Council: «I think Buffalo certainly can compete for a project like this.»

The council's members work for public and private economic development entities that compete for deals such as Amazon's.