Sentences with phrase «funded economic development projects»

McMahon says there might even be some positive fallout from the scandal, if the attention on the criminal charges cause New Yorkers to look more closely at Solar City and other publicly funded economic development projects.

Mr. Percoco, who had served as Mr. Cuomo's executive deputy secretary, is accused of soliciting and taking more than $ 315,000 in bribes from 2012 to 2016 from two companies: Competitive Power Ventures, an energy company that was seeking state approval to build a power plant in the Hudson Valley, and COR Development, a major developer in the Syracuse area that ended up with several large state - funded economic development projects.

Not exact matches

The project — which was funded by the American Samoa Economic Development Authority, the Environmental Protection Agency, and the Department of Interior — was implemented within one year and commenced operations this week.

Conlon & Co founded and managed two successful investments funds: a $ 100 million mezzanine lending fund which provided financing on over $ 1 billion of development projects as well as a $ 50 million real estate opportunity which acquired distressed property in Chicago and the Southeast during the 2008 — 2011 economic crisis.

The scandal surrounding the government is due to one of Najib's pet projects, the 1Malaysia Development Berhad (1MDB) fund, launched in 2008 to promote economic dDevelopment Berhad (1MDB) fund, launched in 2008 to promote economic developmentdevelopment.

Under Republican Gov. Rick Perry, Texas has actively chased economic - development projects, closing deals by writing big checks from the Texas Enterprise Fund, a special pot doled out largely at the governor's discretion.

The political noise is due to a continuing scandal over one of Najib's pet projects, the 1Malaysia Development Berhad (1MDB) fund, launched in 2008 to promote economic dDevelopment Berhad (1MDB) fund, launched in 2008 to promote economic developmentdevelopment.

She said her government would also establish an economic development fund for the province and work to ensure that business owners benefit as much as possible from the oil exploration project on Anticosti Island.

But the potential disbursement of funds through an arm of SUNY Polytechnic comes as economic development projects throughout the state are coming under scrutiny from federal investigators over how contracts are awarded.

Cuomo announced almost $ 40 million to be rewarded to local projects for economic development; $ 39.2 million in economic development funding has been approved for 34 projects across the state.

Deciding the next step for Terminal A is also coming as the waterfront agency nears a decision on new Outer Harbor recreational projects to be paid for with $ 15 million in funds provided by the Buffalo Billion II economic development initiative.

Capital also sought details of a September fund - raiser that sources say was held at 677 Prime, an upscale Albany steakhouse, and according to records attended by members of the governor's Capital Region Economic Development Council, which has a say in what projects in the eight counties surrounding Albany receive state funding.

Besides assisting communities affected by state facility closures, these funds will be used to provide more than $ 130 million for competitively determined economic development projects put forward by the Regional Councils, $ 100 million for the Metropolitan Transportation Authority's capital program and $ 10 million towards the State's existing commitment for the New York City Empowerment Zone.

Findings from a project led by London's Institute of Education and funded by the Economic and Social Research Council (ESRC) and the Department for International Development (DFID) show that using new ways of encouraging young children to stay in regular schooling cut drop - out rates by 42 per cent in just a year.

The businessmen, Steven Aiello and Joseph Gerardi of Syracuse - based COR Development, wanted to build a parking lot as part of their plans to redevelop Syracuse's Inner Harbor, a project that received $ 1.5 million in funding from Empire State Development, the state's economic develDevelopment, wanted to build a parking lot as part of their plans to redevelop Syracuse's Inner Harbor, a project that received $ 1.5 million in funding from Empire State Development, the state's economic develDevelopment, the state's economic developmentdevelopment arm.

Crain's reports that the $ 2.5 billion project has been left out of the Economic Development Corporation's budget, thus meaning that preliminary design work and an environmental study have no funding to move forward with.

Nassau County Executive Laura Curran said, «Governor Cuomo continues to prove his dedication to putting Long Island at the forefront of the 21st Century by funding transformative projects that will create jobs, drive growth and position Long Island as a leading location for economic development.

Cuomo has steered billions in state funds to Buffalo in recent years, including millions for community improvement projects, and the Buffalo Billion, his economic development initiative for the city.

Before his fall, Skelos and other Republicans said the fund was going to be used for projects in their Long Island base — which they would help designate — and privately explained that they inserted it into the budget to offset $ 1.5 billion that Gov. Andrew Cuomo was directing to an economic development competition for upstate areas.

Revolving Loan Funds are a popular economic development tool, delivering high risk capital to projects that can not be financed by conventional sources.

«It has now been determined that these projects will be funded from the New York Works Economic Development Fund to better facilitate management of the program,» the memo states.

«We are considering options,» Weinstein said, «but as it is a project to generate tourism and economic development, and uses technology for energy efficiency, it will be financed by [the New York Power Authority] and parts of the project could likely be funded by [Empire State Developmedevelopment, and uses technology for energy efficiency, it will be financed by [the New York Power Authority] and parts of the project could likely be funded by [Empire State DevelopmentDevelopment].»

The Ogembo post office - Nyakorokoro footbridge was constructed by the Ministry of Public Works as part of the Economic Stimulus Project under the Constituency Development Fund.

The windfall was carved up in a variety of directions, including a $ 1.5 billion upstate economic development program as well as funding for the Tappan Zee Bridge replacement project.

Mr. Cuomo also proposed budgeting an extra $ 1 billion in education funding this year, a $ 2 billion investment in clean - water infrastructure and various other expensive projects, including hundreds of millions of dollars in economic - development for Buffalo ($ 500 million), a life sciences research and development cluster ($ 550 million) and new airports in Syracuse and Plattsburgh.

Though a coveted $ 500 million prize in the Upstate Revitalization Initiative eluded them, Capital Region economic development boosters on Thursday celebrated the $ 98.1 million commitment from the state to fund 114 diverse projects aimed at moving the area's economy forward.

Cuomo's statement said it included «historic» spending, such as $ 2.5 billion for water infrastructure projects, $ 100 million in highway funds and $ 150 million in capital spending for economic development programs.

Mr Walker also refuted claims that the UK's Brexit transition period which ends in 2020 will include austere economic reforms which would trickle down to job cuts and trimmed funds for development projects in Ghana.

The $ 330 million Ferris wheel project in Staten Island lost out on state funding from Governor Andrew Cuomo's economic development program yesterday.

The project is moving forward with more than $ 1.3 million in resources from New York State, including $ 930,000 in Urban Community Investment Fund and $ 385,000 from Empire State Development, the state's economic development agency, through the state's Consolidated Funding ApplicaDevelopment, the state's economic development agency, through the state's Consolidated Funding Applicadevelopment agency, through the state's Consolidated Funding Application (CFA).

It is the first development in a planned six - phase neighborhood revitalization project funded through the Governor's Regional Economic Development Council and New York State Homes and Community Rendevelopment in a planned six - phase neighborhood revitalization project funded through the Governor's Regional Economic Development Council and New York State Homes and Community RenDevelopment Council and New York State Homes and Community Renewal (HCR).

Last week the Governor's Regional Economic Development Council named the North Country region as a best plan awardee and gave the region $ 103.2 million in state support to fund 70 projects, including the Beaver Meadow Apartments.

As part of the Regional Council initiative, a NYS Consolidated Funding Application (CFA) was created to serve as the single application economic development projects must complete to be eligible to access the $ 1 billion in state resources that have been made available to support the Regional Councils.

The project was part of a winning bid from the Central New York Regional Economic Development Council that won $ 500 million in state funding as part of Gov. Andrew Cuomo's Upstate Revitalization Initiative.

Mahoney said she believes there are better opportunities to obtain state funding for job creation and big economic development projects, rather than operational expenses or municipal infrastructure.

... In our world, we just know that we need more public funding to go with private funding to kick start some of these economic development projects.»

SARANAC The Town of Saranac was awarded $ 907,348 in state economic development funds last week, giving new life to a water project over two years in the making.

The Central New York Regional Economic Development Council (CNYREDC) will hold six potential project forum workshops in order to help interested applicants learn more about New York State economic and community development funding available, and the most effective ways to secure that funding for future pEconomic Development Council (CNYREDC) will hold six potential project forum workshops in order to help interested applicants learn more about New York State economic and community development funding available, and the most effective ways to secure that funding for futurDevelopment Council (CNYREDC) will hold six potential project forum workshops in order to help interested applicants learn more about New York State economic and community development funding available, and the most effective ways to secure that funding for future peconomic and community development funding available, and the most effective ways to secure that funding for futurdevelopment funding available, and the most effective ways to secure that funding for future projects.

Empire State Development had been providing much of SUNY Poly's funding for economic development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and paDevelopment had been providing much of SUNY Poly's funding for economic development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and padevelopment projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and paid vendors.

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

Abinanti said he would take a billion dollars from Cuomo's proposed economic development fund and put it toward construction projects like closing or improving railroad crossings.

A University of Rochester project on the use of computers for health research has won $ 5 million in state economic development funds — one of 11 state investments totaling $ 22 million announced by Cuomo yesterday.

Earlier this month, after Cuomo's prior two project visits, Mayor Bill de Blasio's deputy for housing and economic development, Alicia Glen, criticized Cuomo for failing to release already - allocated funds for NYCHA.

In addition, resources from a wide range of existing agency programs will be available to businesses and project sponsors for economic development purposes that are consistent with Regional Council plans through the Consolidated Funding Application.

While pundits have raised concerns that Cuomo has unveiled a slew of transportation and economic development projects without identifying all the funds to pay for them, it is music to the ears of congestion - pricing supporters.

The Buffalo region was not eligible for any of the Hunger Games cash, thanks to its Buffalo Billion, but the area did receive $ 83.9 million for 125 projects under the latest round of funding from the state's Regional Economic Development Council program.

Though a coveted $ 500 million prize in the URI eluded them, Capital Region economic development boosters celebrated the $ 98.1 million commitment from the state to fund 114 diverse projects aimed at moving the area's economy forward.

The council hopes to help interested applicants learn more about New York State economic and community development funding available, and the most effective ways to secure that funding for future projects.

«SUNY Poly's narrowly focused on some very high - profile tech projects, but for someone to say economic development, broadly speaking, has been turned over to to someone at SUNY Poly is just incorrect,» Mr. Zemsky said, citing the governor's efforts to involve regional officials in economic planning and to spread state funds across thousands of smaller economic development projects.

Earlier this month, when state economic development officials announced recipients of some $ 82 million in state funding for projects in the Hudson Valley, Niagara's request for $ 10.8 million for construction of the proposed plant on an industrial site in the Town of Ulster was not on the list.