BINGHAMTON, N.Y. — Binghamton businesses, property owners, nonprofit leaders and community groups have until mid-August to submit project proposals for funding through the city’s $10 million Downtown Revitalization Initiative (DRI) state grant award.
Binghamton Mayor Jared Kraham recently announced the launch of the funding-application process for the Clinton Street DRI.
“The Clinton Street corridor is a vital gateway into the City and a key piece of Binghamton’s future,” Kraham said in the July 1 announcement. “With this DRI funding, we have an opportunity to spark new investment, support small businesses and build on the momentum already underway in the neighborhood. We’re calling on the community to bring forward proposals for projects that will help shape the next chapter for Clinton Street.”
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It was back in February that the City of Binghamton was named the Southern Tier winner of New York State’s DRI, securing a $10 million grant award to revitalize Clinton Street.
In the June 2 Revitalize Greater Binghamton feature publication of CNYBJ, Mayor Kraham penned a guest article, titled “The Time is Now for Binghamton’s Clinton Street,” which espoused the importance of this initiative to revitalize the corridor.
The City of Binghamton’s local planning committee (LPC) earlier this month issued a call for project proposals from the public for potential projects to be included in the Clinton Street DRI strategic investment plan.
The plan will provide a roadmap for the state’s $10 million investment, identifying projects to spur revitalization in the Clinton Street area, the City of Binghamton said.
Individuals interested in submitting proposals for funding through the DRI should have projects that have a “clear public benefit and align with the community’s vision” for a revitalized Clinton Street. Applicants must “demonstrate commitment of private funding sources and discuss the project’s transformative nature and potential community benefits.”
New ideas are encouraged, along with established project concepts, the City of Binghamton noted.
Interested applicants should visit www.clintonstreetdri.org/open-call to access the application forms, review the Clinton Street DRI boundary, and see additional guidance.
