Sentences with phrase «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 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.

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.

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.

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.

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.

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.

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.

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.

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.

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 renovationIn 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 renovationin 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.»

«We are spending hundreds of millions of dollars in economic development subsidies, tax payer monies that are being used to subsidize private corporations that were supposed to create jobs,» he said.

He said in the end, it's the public's money, through tax payments, that is being spent on the economic development projects, and he said they deserve to know the details.

The top legislative leaders in the Democratic - led Assembly and GOP - controlled Senate on Tuesday indicated they support approving $ 485.5 million in spending for a subsidiary of the under - investigation SUNY Polytechnic, saying the money is vital for the continuation of the economic development program in western New York.

Governor Cuomo is making some changes to prevent any future bid rigging in some of his major economic development projects, but critics on both the left and the right say the governor is failing to address the bigger picture — whether the $ 8.6 billion dollars» worth of programs are an effective use of public monies.

Jury selection in the trial of a former close aide to Gov. Andrew Cuomo starts today in New York City in a case that could show the intersection of money and politics in the public policy of economic development spending.

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.

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

A senior official of the Economic and Financial Crimes Commission, Mr. Ishaq Salihu, has told a Rivers State High Court sitting in Port Harcourt that a former Director of the Niger Delta Development Commission, Mr. Robert Obuoha, offered him a bribe of N150, 000 and told him to use the money in buying recharge cards.

Republican candidate for governor Rob Astorino has been traveling the state criticizing Gov. Andrew Cuomo's attempts to invest money in parts of New York to spur economic development.

Provides $ 300 million in new money for repair of roads, bridges and infrastructure under the transportation component of the NY Works program with $ 100 million of it awarded competitively through the Regional Economic Development Councils.

Republicans want to pull the plug on the program at the end of this year and redirect the $ 44.5 million in ad money included in Cuomo's budget to other economic development programs.

In its 87 - page proposal «CNY Rising From The Ground,» the Central New York Regional Economic Development Council said it would use the money to assist projects that align with significant market opportunities and address persistent challenges.

In 1979, both the Department of Housing and Urban Development and the Economic Development Administration contributed money to establish the county's Regional Development Corporation Revolving Loan Fund.

City Treasurer Darius Shahinfar stood above in a city hall doorway, shaking his head, later explaining: «The city does not give away money for economic development in the City of Albany.

The governor is funneling the money through the 10 regional economic development councils he appointed around the state, which he says have forged greater regional cooperation and ensured state investments are in sync with the priorities of local machers.

The state budget did include more spending on economic development in the budget, including more money for Regional Economic Development Councils and another $ 500 million for projects in economic development in the budget, including more money for Regional Economic Development Councils and another $ 500 million for projects development in the budget, including more money for Regional Economic Development Councils and another $ 500 million for projects in Economic Development Councils and another $ 500 million for projects Development Councils and another $ 500 million for projects in Buffalo.

In addition, money coming in from the state's new casinos should partially be going toward economic development, he saiIn addition, money coming in from the state's new casinos should partially be going toward economic development, he saiin from the state's new casinos should partially be going toward economic development, he said.

While Cuomo is not accused of wrongdoing and isn't expected to testify, the charges against Percoco have damaged both his image as a reformer and one of his signature policy initiatives, the investment of billions of dollars in public money in to upstate economic development programs.

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.

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.

Carl Paladino thinks Cuomo is «moving in the right direction,» but also finds his economic development policies a «total waste of money.»

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.

State legislators in downstate New York are looking to divert money planned for upstate economic development for their own projects, according to Cuomo.