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$750M for economic development projects | News, Sports, Jobs - Adirondack Daily Enterprise

Johnson Newspaper Corp. Gov. Andrew Cuomo announces construction completion of the $1.5 billion Jacob K. Javits Convention Center expansion in New York City Tuesday. (Provided photo — Kevin P. Coughlin, governor’s office) Leaders in the state’s 10 regions can start applying for more than $750 million in grants earmarked for economic development projects, officials said, as New York works to rebuild from the fiscal fallout of the coronavirus pandemic. Businesses, municipalities and local governments, nonprofit organizations statewide and the public can apply for the funding for community development projects intended to create thousands of jobs and boost the economy. The 2021-22 state budget includes spending $750 million in economic development money from dozens of programs to fund the 11th round of the Regional Economic Development Council initiative.

$750 million up for grabs for New York economic development projects

$750 million up for N Y economic development project grabs

NEW YORK — Leaders in the state’s 10 regions can start applying for more than $750 million in grants earmarked for economic development projects, officials said, as New York works to rebuild from the fiscal fallout of the coronavirus pandemic. Businesses, municipalities and local governments, nonprofit organizations statewide and the public can apply for the funding for community development projects intended to create thousands of jobs and boost the economy. The 2021-22 state budget includes spending $750 million in economic development money from dozens of programs to fund the 11th round of the Regional Economic Development Council initiative. The next round is part of New York’s pandemic recovery, Gov. Andrew Cuomo said Tuesday.

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