Governor Hochul Announces 35 Transformational Projects in the Southern Tier as Part of Downtown Revitalization Initiative and NY Forward Programs

Projects Announced in Binghamton, Bath and Dryden

Localities Must Be Certified Under Governor Hochul’s Pro-Housing Communities Program To Receive DRI or NY Forward Funding

Project Renderings Available Here

Governor Kathy Hochul today announced awards for a total of 35 transformational projects for the Southern Tier as part of two economic development programs: the Downtown Revitalization Initiative (DRI) and NY Forward.

Seventeen projects were announced for the City of Binghamton, the Round 8 winner of a $10 million DRI award; 11 projects were announced for the Village of Bath, a Round 3 winner of a $4.5 million NY Forward award; and 7 were announced for the Village of Dryden, also a Round 3 winner of a $4.5 million NY Forward award.

“I am thrilled that the Southern Tier is set to break ground on nearly three dozen new projects, funded by the Downtown Revitalization Initiative and New York Forward programs,” Governor Hochul said. “By investing in our Southern Tier, we create more liveable and affordable communities where New York families can thrive.”

DRI and NY Forward communities developed Strategic Implementation Plans (SIPs), which create a vision for the future of their downtown and identify and recommend a slate of complementary, transformative and implementable projects that support that vision. The SIPs are guided by a Local Planning Committee (LPC) comprised of local and regional leaders, stakeholders and community representatives, with the assistance of an assigned consultant and DOS staff, all of whom conduct extensive community outreach and engagement when determining projects. The projects selected for funding from the SIP were identified as having the greatest potential to jumpstart revitalization and generate new opportunities for long-term growth.

Read the full press release here.