Governor Cuomo’s Downtown Revitalization Initiative (DRI) is transforming downtown neighborhoods into vibrant communities where New Yorkers want to live, work and raise families. Downtown Revitalization Initiative Round 2 Launched Ten new communities will split $100 million set aside in Governor’s budget as part of the Downtown Revitalization Initiative. DOWNTOWN REVITALIZATION INITIATIVE Description The Downtown Revitalization Initiative (DRI) will invest $10 million in each of 10 communities ripe for ... 2) The municipality, or the downtown’s catchment area, should be of a size sufficient to support a vibrant, year-round downtown. Oneonta's Downtown Revitalization Initiative improvements are around the corner, Mayor Gary Herzig said at Tuesday night's Common Council meeting. Share. Governor Andrew Cuomo has announced the launch of Round 2 of the program, which will once again offer monetary and other support to the creation of Strategic Investment Plans for rebuilding efforts in 10 designated downtown communities across the state.The initiative, part of a “comprehensive approach” to neighborhood and economic transformations across New York, looks to “build upon the successful first round,” according to the governor’s office.“This new downtown revitalization competition will build upon the demonstrated success of Round 1, allowing even more communities across the state to reach their full potential,” Cuomo said. Applications are being accepted by the Mid-Hudson Regional Economic Development Council and can be filed on their website at nys-midhudson@esd.ny.gov . Ten new communities will split $100 million set aside in Governor’s budget as part of the Downtown Revitalization Initiative. The downtown area is a mixed-use, affordable neighborhood with access to jobs, anchor businesses, and city and county services.

Downtown Revitalization Initiative (DRI) on behalf of Homes and Community Renewal (HCR) and the Housing Trust Fund Corporation ... date with proof of paid invoices and 2 written quotes. The REDCs will solicit applications for downtowns that are “ripe for revitalization” and have the potential to become “magnets” for residential redevelopment, job creation and greater economic and housing diversity, according to the governor’s office.Communities that earned state support in Round 1 will not be eligible to win in Round 2.Lieutenant Gov. Governor Andrew Cuomo has announced the launch of Round 2 of the program, which will once again offer monetary and other support to the creation of Strategic Investment Plans for rebuilding efforts in 10 designated downtown communities across the state. On April 24, 2018, New York Governor Andrew M. Cuomo launched the third round of his transformative Downtown Revitalization Initiative (DRI), investing $100 million into 10 additional downtown neighborhoods across the state.

“This second round will help even more communities create vibrant, walkable downtowns that are a magnet for the young, well-educated people and innovative businesses that strengthen and diversify local economies.”Criteria to be considered in Round 2 selections include compact downtowns with “well-defined boundaries;” sufficient size and scope to support year-round activity; the ability to capitalize on prior downtown-redevelopment investments, and attract future ones; and “recent or impending job growth within or in close proximity” to the downtown area, according to the governor’s office.Other factors – including “open and robust community engagement” on downtown-redevelopment strategies and being “a livable community for diverse populations of all ages” – will also be considered.Revitalization plans and applications for Round 2 funds must be submitted to local REDCs by 4 p.m. June 14.

The Village of Watkins Glen was named a DRI Round 2 winner last year. “With this funding, we can provide 10 more forward-thinking communities the opportunity to transform their downtowns into vibrant economic hubs for people to live, work and raise a family.”One downtown will be selected by each of the state’s 10 Regional Economic Development Councils. WYSIWYG. Kathy Hochul was scheduled to visit Westbury’s Piazza Ernesto Strada Wednesday afternoon to offer an update on the village’s Downtown Revitalization Initiative.“Last year, the Downtown Revitalization Initiative was a great success,” Zemsky, also ESD’s commissioner, said in a statement. In its third year, the program will invest $100 million into 10 additional downtown neighborhoods across the state. Round 2 is now underway. The community will use the Downtown Revitalization Initiative to leverage progressive development codes and recent investments in the Watkins Glen International Race Track to create a sustainable environment for a year-round innovative and prosperous economy. Governor Andrew M. Cuomo today announced 10 transformational projects for Cortland as part of the $10 million Downtown Revitalization Initiative award.
Applications are being accepted by the Mid-Hudson Regional Economic Development Council and can be filed on their website at The initiative is designed to promote sustainable economic development, and create places where the next generation of New Yorkers can raise their families, work, and enjoy the diversity of recreational activities all within their downtown.
All applications must be received electronically A workshop on the application process will be held on Upon acceptance into the program, there is a $1,000 application fee which is Hudson was named a DRI Round 2 winner in August. TOP Downtown Revitalization Initiative Round One .


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