Sentences with phrase «in economic development subsidies»

Job growth across upstate New York remains sluggish despite billions in economic development subsidies

Committee backers have received over $ 1 billion in economic development subsidies from an out - of - control and unaccountable system which the Cuomo administration has declined to reform.

«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.

Not exact matches

The state and the city are offering as much as $ 101.8 million in incentives and subsidies for the project, according to the Indiana Economic Development Corp..

«In addition to a growing need for international exchange resulting from China's economic development, local governments» increased subsidies are driving Chinese carriers» global route expansion,» Shanghai - based Cadas said in a report released ThursdaIn addition to a growing need for international exchange resulting from China's economic development, local governments» increased subsidies are driving Chinese carriers» global route expansion,» Shanghai - based Cadas said in a report released Thursdain a report released Thursday.

The rooftop solar installer, which has started to sell a new solar roofing product in addition to conventional rooftop solar arrays, started early production this month at a sprawling 1.2 million - square - foot factory in South Buffalo that received $ 750 million in taxpayer subsidies through the state's Buffalo Billion economic development program.

Tesla, in return for $ 750 million in state subsidies through the state's Buffalo Billion economic development initiative to build the factory and buy much of the equipment that will go inside it, also has pledged to help bring 1,440 other jobs to the Buffalo Niagara region through suppliers, vendors and service providers for the factory.

«At that price, it's very doubtful that New York taxpayers will ever break even,» said Greg Leroy, executive director of the nonprofit watchdog Good Jobs First, which tracks corporate subsidies in economic development.

«This subsidy seems to give away too much in exchange for the jobs and economic development it promises,» Liu said.

Like most Republicans, Kolb's case against Gov. Andrew Cuomo is based on personality, and includes opposition to his policies regarding upstate economic development — which are rooted in competitions for direct subsidies to businesses.

Combined with various state tax credits, Destiny has received nearly $ 704 million in government subsidies, making it one of the biggest recipients of economic development subsidies in the country, according to a report released Thursday by Good Jobs First.

That leads some observers, including Kaehny, to believe that Bharara is interested in the state's economic development subsidy programs as a whole.

Heaney continued to put a price tag on costly economic development subsidies, including a Yahoo data center in Lockport and Alcoa's aluminum plant in Massena.

But in the last week, new revelations have raised huge questions about the accountability and basic integrity of the enormous economic development programs run by SUNY Poly president Alain Kaloyeros, and the SUNY Research Foundation's role and responsibility in managing large state subsidy projects.

Subsidy spending is largely uncoordinated, with the state's regional economic development councils only coordinating around 6 percent of the $ 7 billion spent each year in New York on corporate tax subsidies, the groups said.

New Yorkers get very little in return for the $ 7 billion in public subsidies given out to corporations by our state's economic development programs in exchange for job creation projects every year.

not only subsidies, but a voice in shaping economic development policy in the Southern Tier.

Lawmakers approved $ 385 million for the program in the 2013 - 14 budget, offering support for capital projects — not one - time operating subsidies, as member items often were — for a broad variety of purposes like «preserving and protecting infrastructure» or to support «economic development projects... that will create or retain jobs in New York State.»

The full lineup of stories, columns and radio interviews can be found here» State and local economic development agencies in New York give away billions of dollars in subsidies to businesses every year but do little to assess what taxpayers are getting for -LSB-...]

Most recently, James joined progressive groups in calling for higher wages and a change in the city's economic development policies, including more stringent requirements for banks and corporations that receive city subsidies.

Boyle grilled Zemsky about the transparency of Cuomo's regional economic development councils, which develop strategic plans and weigh in on how to spend around $ 750 million worth of state subsidies.

The rule would also apply to a handful of economic development projects receiving more than $ 1 million in city subsidies.

State Rep. Meloyde Blancett, D - Tulsa, said prematurely ending the refundable aspect of the subsidy would hurt economic development in the state, because business prospects would view it as going back on a commitment.