Over the past week, he also has advocated awarding three
upstate regions $ 500 million each for economic development and forgiving student loans for New York college graduates who stay to work.
Not exact matches
Cuomo proposed using some of a
$ 4 billion surplus, which he acknowledged was a «one - shot» revenue source from numerous financial settlements, on infrastructure spending, education and for helping local governments find ways to share services as part of an overall economic development boost for the
upstate region.
The
region's economic development plan was one of three big winners in Cuomo's competition to invest
$ 1.5 billion in
upstate.
Albany will look at this and proposals from other six other
upstate regions, to determine who will share
$ 1.5 billion meant to invigorate a flagging
upstate economy.
Meanwhile, Governor Andrew Cuomo continues to push for a much higher minimum wage — even in
upstate regions where median hourly wages are generally
$ 16 to
$ 17.
Cuomo would not confirm that, but says his plan already calls for a longer phase in to
$ 15 for
regions outside New York City, and he concedes talks have focused on treating
upstate differently than downstate.
Mike Elmendorf, president of Rebuild NY Now, a coalition led by contractors that has campaigned for investment in roads and bridges, has been calling for «parity» in the level of investment
upstate and in the MTA
region, whose five - year capital plan calls for
$ 26 billion in spending.
The program is a competition for
$ 1.5 billion in economic aid that will be distributed to three out of seven
regions in
upstate New York.
News this week of New York Governor Andrew Cuomo's
Upstate Revitalization Plan — a competition among seven
upstate regions for
$ 1.5 billion in economic development, with three ultimate
$ 500 million winners — has Utica - area Assemblyman Anthony Brindisi cautiously optimistic.
For
upstate economic development, seven
regions would have until July 1 to submit a proposal for using the
$ 500 million, with three winners to be selected.
Cuomo proposed directing
$ 1.5 billion in one - time surplus funds — won through settlements from big banks — to a competitive process in which three of seven
upstate regions would win
$ 500 million over the course of five years.
Most
upstate regions saw wage growth that outpaced inflation during the period, and the Finger Lakes had the highest average annual wages among the
upstate regions, at just over
$ 63,000.
Those plans include what has been labeled by some advocates as a «Hunger Games» style competition between
upstate localities for up to
$ 500 million in state grants, three of which are available for seven
regions to compete for.
The Business Council had opposed the wage hike, which would increase the base pay in New York to
$ 15 in the New York City
region and
$ 12.50 in
upstate New York over the next several years.
Gov. Andrew Cuomo unveiled an agreement with major technology firms that will result in a
$ 4.4 billion investment in New York and create or retain about 6,900 jobs in the
upstate region.
The business - backed group's endorsements are entirely Republican (the group did endorse one Democrat, Assemblyman Robin Schimminger) after a year in which business interests decried a legislative session that included the approval a minimum wage increase that will reach
$ 15 in the New York City
region and
$ 12.50 in
upstate New York in the coming years.
As the high - tech industry takes off in the Capital
Region's suburbs, the area's Regional Economic Development Council is focusing in part on something different as it readies for a
$ 1.5 billion
upstate revitalization sweepstakes: urban poverty and inequality.
The union, which was instrumental in leading the push for measures such as a minimum wage increase to
$ 15 in the downstate
region and
$ 12.50
upstate as well as a paid family leave program, has spread its endorsements around to members of both parties as control of the state Senate remains up for grabs a week before Election Day.
Here's US Sen. Chuck Schumer during a brief
upstate swing through the Capital
Region yesterday, talking about his hope that the Senate would vote on a bill that included some
$ 16.1 billion worth of Medicaid funding for the states — including
$ 1.1 billion New York has already accounted for in its 2010 - 2011 budget.
The Utica Observer - Dispatch says the governor's plan to raise the minimum wage to
$ 15 an hour «could put a severe dent in many operations and short - circuit the energy they are creating as the
upstate region claws its way back to prosperity,» adding: «For that reason alone, Cuomo's wage hike should be rejected.»
Today brings the culmination of the
Upstate Revitalization Initiative, a state economic development contest that has been archly called a «Hunger Games» - style competition in which three of seven
upstate regions will divvy up
$ 1.5 billion in economic aid.
One of the unintended consequences of the new minimum wage deal: Fast food workers
upstate could soon demand
$ 100 more a week in pay than all other minimum wage employees in the
region.
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».
Governor Cuomo has already proposed spending
$ 1.5 billion of the surplus on a contest among seven
upstate regions for three economic development grants worth
$ 500 million each.
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.»
Gov. Andrew Cuomo has been pushing the proposal, which he says he'll introduce to the legislature in January, to phase in the minimum wage to
$ 15 an hour by 2018 in the New York City
region and 2021
upstate.
Cuomo's drive for
$ 15 threatens to run over the economic aspirations of many low - wage workers and struggling
upstate regions alike.
The
Upstate Revitalization Initiative will feature three pots of
$ 500 million apiece to be paid out over five years for the three
upstate regions with the best economic plans.
New York Gov. Andrew Cuomo's plan to pit seven
upstate regions against each other in a competition for
$ 1.5 billion in economic development funds has prompted some lawmakers and mayors to say the state shouldn't pick winners and losers.
Thursday brings the culmination of the
Upstate Revitalization Initiative, a state economic development contest that has been archly called a «Hunger Games» - style competition in which three of seven
upstate regions will divvy up
$ 1.5 billion in economic aid.
Gov. Andrew Cuomo wants to invest
$ 1.5 billion to help the struggling
upstate economy, but there's a catch —
regions will have to compete for the money.
With just three weeks to go until the April 1 budget deadline, Cuomo revealed granular details of his
$ 10 billion spending plan for
upstate, which includes two economic development competitions that would award approximately
$ 90 million apiece to the 10
regions of the state.
With
$ 9 billion in investment by GlobalFoundries at the Luther Forest Technology Campus in Malta already in its hands, the Cuomo administration has been quietly planting the seeds for similar investments in other
upstate regions.
So far, the governor has detailed plans to spend
$ 3.3 billion:
$ 1.5 billion will be doled out in a competition to spur economic development in three
upstate regions;
$ 1.3 billion will go to the Thruway Authority to help prevent toll hikes and offset the cost of building the replacement Tappan Zee Bridge; and
$ 500 million will be used to build out broadband internet infrastructure in remote areas.
RUPCO bought the defunct bowling alley in May and has applied for
$ 20 million of a
$ 1.5 billion pot of state money targeted for
upstate revitalization to fund the project; the nonprofit is applying for the money through the Mid-Hudson
Region's Consolidation Funding Application, which is due at the end of July.
In order to ensure that individuals with developmental disabilities and mental health issues, and our seniors have a safe and comfortable place to call home, the IDC calls for: (1) a
$ 40 million fund to incentivize housing for middle - and low - income seniors; (2) a
$ 7,500 tax credit for repairs to seniors» homes where the resident can not afford the cost of repairs; (3) the creation of a
$ 25 million housing disability fund to leverage private financing to develop or retrofit up to 1,400 housing units for people with mental or developmental disabilities; and (4) setting aside
$ 10 million of existing Medicaid redesign team supportive housing funds for the
upstate region.
In addition to the annual funding competition for 10 different
regions, three
upstate regions will each win
$ 500 million in a «Hunger Games» - type battle royale.