Cuomo awards job grants to 824 projects statewide
ALBANY— New York’s Mohawk Valley, North County, Capital Region, Southern Tier and Long Island are the big winners in this year’s round of competitive state economic development grants. Each region won more than $80 million in tax breaks, funding and capital.
Western New York, the Finger Lakes Region, the Mid-Hudson Region, central New York and New York City will each get about $60 million in this third year of the awards. In all, $715.9 million in grants were awarded Wednesday.
The “top performers” that won the largest grants were judged by state officials as the most promising and essential plans proposed by regional councils of top business, academic and local government leaders. They included biomedical research facilities, tourism improvements and resort hotels.