Sentences with phrase «economic development monies»

Governor Cuomo last week announced more than $ 750 million up for grabs in the latest competition for state economic development monies.

The group also won significant state economic development monies on Dec. 8 with a $ 498,825 grant award from the North Country Regional Economic Development Council to rehabilitate camp infrastructure.

Political and private sector leaders from around the state are spending three days at the Capitol, making their best case to win a share of $ 1.5 billion dollars in economic development monies for their region.

The governor's held an annual contest to make regions of the state compete to win millions of dollars in economic development monies.

Political and private sector leaders from around the state are spending three days at the Capitol, making their best case to win a share of $ 1.5 billion in economic development monies for their region.

All ten regions competing for economic development money were awarded some portion of $ 788 million dollars in funds in a ceremony led by Governor Cuomo Thursday, but some regions were more equal than others, with four areas receiving the top grant prizes.

DiNapoli's comments come as U.S. Attorney Preet Bharara is looking into how Gov. Andrew Cuomo doles out economic development money.

State Comptroller Thomas DiNapoli chided policies that award economic development money without specifying how it gets spent.

DeFrancisco, who was originally against what he called the «Hunger Games» approach on distributing economic development money said he was not surprised by the regions that won.

The approved budget includes $ 50 million in economic development money and tax credits for communities that rely on the prisons as a source of employment and income.

As the trial gets underway, good - government reformers are urging Albany in a letter to take pre-emptive action on overhauling how the state's economic development money is spent.

Now, some lawmakers, like DeFrancisco, are members of the Regional Economic Development Councils, a new process of awarding economic development money created by Cuomo.

«We would much rather see economic development money go towards public infrastructure that would attract more people to the region,» he said.

Cuomo indicated last month that Central New York's commitment to pursue consolidation was a key reason the region won $ 500 million in economic development money in the Upstate Revitalization Initiative.

A request for bids on the tanks went out in December 2015, the same month the Finger Lakes region was awarded $ 500 million in economic development money from the governor's Upstate Revitalization Initiative competition.

At the same time, Cuomo said the state could potentially adjust how it spends economic development money based on the findings of Bart Schwartz, the former prosecutor hired to review contracting in the program, which is under scrutiny by the U.S. attorney's office.

An effort in the past legislative session to reform how economic development money is spent, disclosed and overseen fell short at the Capitol, but good - government and budget reform groups aren't giving up.

Three of seven regions in competition in upstate New York were awarded $ 500 million dollars each in economic development money, in a contest by Governor Cuomo that critics have called the «hunger games».

The three winning regions Rochester - Finger Lakes, Central New York, and the Southern Tier, each received $ 500 million dollars each in economic development money, phased in over a five year period.

Three of seven regions in upstate New York were awarded $ 500 million dollars each in economic development money, in a contest by Gov. Andrew Cuomo that critics have called the «hunger games.»

The three winning regions Rochester - Finger Lakes, central New York, and the Southern Tier, each received $ 500 million each in economic development money, phased in over a five - year period.

«IBM, despite getting $ 800 million in state economic development money since 2000, is now laying off hundreds of workers in the Hudson Valley and creating a big hole in the Dutchess County economy.

There's $ 2.5 billion for clean water projects and billions in capital and economic development money, including $ 564 million for access improvements to Kennedy Airport and $ 270 million for changes to the Sheridan Expressway in the Bronx.

The $ 12 million in state economic development money accounted for 75 percent of the project's total cost.

Not exact matches

For another, the money goes first to intermediaries like the Richmond Economic Development Corporation, which in turn make loans to people like Baskerville.

While larger sums of money are thrown around in San Francisco, New York, Boston and a handful of other major U.S. cities, Bott and Tammy Riddle, director of the IT cluster at the Cincinnati USA Partnership for Economic Development, say that what sets Cincinnati apart is its unusually supportive ecosystem for new companies.

While definitions of reasonable assumption vary, historically bubbles have occurred when, in an economic sector's development, the last money in is highly unlikely to realize a return that justifies the risk it has taken.

As our conversation wraps up, Polman emphasizes again that his economic development goals will certainly boost Unilever's fortunes too, especially since the company depends on hundreds of millions of people having enough money to buy staple items.

Sixth, contrary to what the president believes, borrowing money from China to expand government spending is not economic development.

Most of these deals go through a privatized economic development agency called JobsOhio, which doesn't require as much transparency as a public agency about what taxpayers are getting for their money.

The Neighborhood Economic Development Advocacy Project (NEDAP), which brought the suit against Chase on plaintiffs» behalf, says banks shouldn't be willing to let online payday lenders take money out of customer accounts in states where such loans are illegal.

The difference is that the state needs to have the money in an economic development fund to provide the rebate to firms.

The US and several other countries are investigating allegations of cross-border embezzlement and money laundering at 1MDB, which was set up and previously led by Najib to promote economic development, but which accumulated billions in debt.

Members of Congress will grouse about giving American money for economic development in Egypt when our own economy is on the rocks.

Today the State is closing down the state primary schools for the poor, and they are not interested in aiding private agencies to conduct such schools, because they see it as a costly exercise in social welfare which reduces money for investment in hi - tech development aimed at economic growth.

«Tioga Downs» expansion will foster hundreds of new jobs and spur much - needed economic development in the Southern Tier, plus generate millions of dollars for public schools and local governments — with all private money and zero taxpayer dollars,» Commission Executive Director Robert Williams said in a statement.

Slaughter mentioned that she and Congressman Brian Higgins, D - Buffalo, were looking for money to fund high - speed rail between Buffalo and Rochester to double down on the state's economic development investments.

Flanagan indicated he wanted a broad - based review of economic development spending, including some areas that are potentially sensitive to Cuomo, such as the money his administration spends on advertising job - creating efforts and a review of the «lack of accountability for major deals and projects that fail miserably when it comes to creating jobs.»

Backed by $ 750 million in taxpayer money, the nearly $ 1 billion Solar City factory is the centerpiece Cuomo's Buffalo Billion economic development initiative and meant to be a beacon of hope for an economically depressed city.

http://ghanapoliticsonline.com «Presidents create opportunities for people to make money and he [Mahama] says he is laying the social and economic structures in this country; my [Mahama] first term of office was dedicated to laying down the social and economic infrastructure and that is in tandem with development paradigms everywhere,» he explained.

The state budget includes no significant new controls or oversight on how the Cuomo administration spends money on economic development projects, and that troubles many lawmakers after federal prosecutors accused eight men of bid - rigging schemes in earlier development projects.

«We shouldn't be afraid to step back and ask the question: All the money we put into economic development, what's working, what's not, how could it be better?»

The city's economic development agency, NFC Development Corp., used to be given $ 500,000 a year in casino money to replenish its grant and loan fund to assist development agency, NFC Development Corp., used to be given $ 500,000 a year in casino money to replenish its grant and loan fund to assist Development Corp., used to be given $ 500,000 a year in casino money to replenish its grant and loan fund to assist businesses.

During the hearing, several lawmakers told Zemsky that they want more oversight of the economic development programs going forward, and will need more details before they approve more money.

It's a good thing CNY won the money before Mayor Stephanie Miner filed a lawsuit to block the city's biggest economic development project, out of frustration with Onondaga County officials.

What we should be doing is taking that money and pushing it into effective and efficient economic development.»

But the governor called out the region's legislators for wanting to shift control of state economic development funding away from the regional economic development councils that Cuomo created and put the money back in the hands of the Senate and Assembly for them to dole out individually.

In 2014, the program was expanded to cover «economic development projects» that would «create or retain jobs in New York state,» opening the door for the program to dish out borrowed money to private businesses (such as the Ed Sullivan theater renovation).

Farrell also challenged Cuomo's desire to kill member items for good, noting the governor has plenty of economic development cash to dole out on his own — or, as the assemblyman put it: «The governor has people who walk around with money in their pockets.»

The money itself is budgeted for the RiverBend site, home to the SolarCity project, a key component of the Buffalo Billion economic development program, which is being investigated by the U.S. attorney's office.