Schenectady snags $10M in state funding round Thirteen building and improvement projects will get Downtown Revitalization money News staff FacebookTwitterEmail Schenectady City Hall (Will Waldron/Times Union)Will Waldron SCHENECTADY - The city's fortunes were boosted Friday with word from the state that it will get $10 million to support 13 projects from building conversions to saving historic structures to a street extension. The money is coming from the Downtown Revitalization Initiative meant to create links between the city's downtown and waterfront developments, create mixed-used spaces and enhance the local arts scene, according to Friday's announcement from Gov. Andrew M. Cuomo's office.