If a community wants to capture a $10 million grant in the state’s regional downtown competition, it should have a downtown area where millennials want to live. That’s among the criteria for consideration in the fourth round of New York’s Downtown Revitalization Initiative (DRI). The downtown area must be “an attractive and livable community for diverse […]
If a community wants to capture a $10 million grant in the state’s regional downtown competition, it should have a downtown area where millennials want to live.
That’s among the criteria for consideration in the fourth round of New York’s Downtown Revitalization Initiative (DRI).
The downtown area must be “an attractive and livable community for diverse populations of all ages,” including existing residents, millennials, and skilled workers, the office of Gov. Andrew Cuomo said in an April 19 news release.
It’s one of several criteria that the Regional Economic Development Councils (REDC) will consider when selecting the grant recipient.
The new state budget includes$100 million for the next round of DRI awards. The effort will support 10 additional downtown neighborhoods, one in each region of the state, “boosting local economies and fostering vibrant neighborhoods that offer a higher quality of life,” Cuomo’s office contended.
The governor first presented the DRI program in his 2016 State of the State address.
As in the previous three iterations, one community in each of the 10 REDC zones will be selected by the regional council to receive a $10 million investment following an application process and evaluation of each downtown’s “potential for transformation.” Applications for the fourth round are due by 4 p.m. on May 31.
Regional winners of the $10 million in DRI grant funding through the first three rounds include Auburn, Cortland, and Oswego in Central New York; Owego, Watkins Glen, and Elmira in the Southern Tier; Amsterdam, Rome, and Oneonta in the Mohawk Valley; and Saranac Lake, Watertown, and Plattsburgh in the North Country.
Other DRI criteria
Besides the “diverse populations” living component, the REDCs will weigh several criteria to select nominees, Cuomo’s office said.
Its downtown area should be compact, with well-defined boundaries. It should also be able to “capitalize on prior or catalyze future” private and public investment in the neighborhood and its surrounding areas.
The community should have “recent or impending job growth within, or in close proximity to” its downtown that can attract workers to the downtown, support redevelopment, and make growth sustainable.
The municipality should already “embrace or have the ability to create and implement policies” that increase livability and quality of life, including the use of local land banks, modern zoning codes and parking standards, complete street plans, energy-efficient projects, green jobs, and transit-oriented development.
The community should have conducted an “open and robust community-engagement process resulting in a vision for downtown revitalization” and a preliminary list of projects and initiatives that may be included in a DRI investment plan.
The municipality must also have identified “transformative projects that will be ready for implementation with an infusion of DRI funds within the first one to two years,” Cuomo’s office said.
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If a community wants to capture a $10 million grant in the state’s regional downtown competition, it should have a downtown area where millennials want to live.
That’s among the criteria for consideration in the fourth round of New York’s Downtown Revitalization Initiative (DRI).
The downtown area must be “an attractive and livable community for diverse populations of all ages,” including existing residents, millennials, and skilled workers, the office of Gov. Andrew Cuomo said in an April 19 news release.
It’s one of several criteria that the Regional Economic Development Councils (REDC) will consider when selecting the grant recipient.
The new state budget includes$100 million for the next round of DRI awards. The effort will support 10 additional downtown neighborhoods, one in each region of the state, “boosting local economies and fostering vibrant neighborhoods that offer a higher quality of life,” Cuomo’s office contended.
The governor first presented the DRI program in his 2016 State of the State address.
As in the previous three iterations, one community in each of the 10 REDC zones will be selected by the regional council to receive a $10 million investment following an application process and evaluation of each downtown’s “potential for transformation.” Applications for the fourth round are due by 4 p.m. on May 31.
Regional winners of the $10 million in DRI grant funding through the first three rounds include Auburn, Cortland, and Oswego in Central New York; Owego, Watkins Glen, and Elmira in the Southern Tier; Amsterdam, Rome, and Oneonta in the Mohawk Valley; and Saranac Lake, Watertown, and Plattsburgh in the North Country.
Other DRI criteria
Besides the “diverse populations” living component, the REDCs will weigh several criteria to select nominees, Cuomo’s office said.
Its downtown area should be compact, with well-defined boundaries. It should also be able to “capitalize on prior or catalyze future” private and public investment in the neighborhood and its surrounding areas.
The community should have “recent or impending job growth within, or in close proximity to” its downtown that can attract workers to the downtown, support redevelopment, and make growth sustainable.
The municipality should already “embrace or have the ability to create and implement policies” that increase livability and quality of life, including the use of local land banks, modern zoning codes and parking standards, complete street plans, energy-efficient projects, green jobs, and transit-oriented development.
The community should have conducted an “open and robust community-engagement process resulting in a vision for downtown revitalization” and a preliminary list of projects and initiatives that may be included in a DRI investment plan.
The municipality must also have identified “transformative projects that will be ready for implementation with an infusion of DRI funds within the first one to two years,” Cuomo’s office said.
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If a community wants to capture a $10 million grant in the state’s regional downtown competition, it should have a downtown area where millennials want to live. That’s among the criteria for consideration in the fourth round of New York’s Downtown Revitalization Initiative (DRI). The downtown area must be “an attractive and livable community for diverse […]
If a community wants to capture a $10 million grant in the state’s regional downtown competition, it should have a downtown area where millennials want to live.
That’s among the criteria for consideration in the fourth round of New York’s Downtown Revitalization Initiative (DRI).
The downtown area must be “an attractive and livable community for diverse populations of all ages,” including existing residents, millennials, and skilled workers, the office of Gov. Andrew Cuomo said in an April 19 news release.
It’s one of several criteria that the Regional Economic Development Councils (REDC) will consider when selecting the grant recipient.
The new state budget includes$100 million for the next round of DRI awards. The effort will support 10 additional downtown neighborhoods, one in each region of the state, “boosting local economies and fostering vibrant neighborhoods that offer a higher quality of life,” Cuomo’s office contended.
The governor first presented the DRI program in his 2016 State of the State address.
As in the previous three iterations, one community in each of the 10 REDC zones will be selected by the regional council to receive a $10 million investment following an application process and evaluation of each downtown’s “potential for transformation.” Applications for the fourth round are due by 4 p.m. on May 31.
Regional winners of the $10 million in DRI grant funding through the first three rounds include Auburn, Cortland, and Oswego in Central New York; Owego, Watkins Glen, and Elmira in the Southern Tier; Amsterdam, Rome, and Oneonta in the Mohawk Valley; and Saranac Lake, Watertown, and Plattsburgh in the North Country.
Other DRI criteria
Besides the “diverse populations” living component, the REDCs will weigh several criteria to select nominees, Cuomo’s office said.
Its downtown area should be compact, with well-defined boundaries. It should also be able to “capitalize on prior or catalyze future” private and public investment in the neighborhood and its surrounding areas.
The community should have “recent or impending job growth within, or in close proximity to” its downtown that can attract workers to the downtown, support redevelopment, and make growth sustainable.
The municipality should already “embrace or have the ability to create and implement policies” that increase livability and quality of life, including the use of local land banks, modern zoning codes and parking standards, complete street plans, energy-efficient projects, green jobs, and transit-oriented development.
The community should have conducted an “open and robust community-engagement process resulting in a vision for downtown revitalization” and a preliminary list of projects and initiatives that may be included in a DRI investment plan.
The municipality must also have identified “transformative projects that will be ready for implementation with an infusion of DRI funds within the first one to two years,” Cuomo’s office said.
