CNY, Southern Tier Projects to Benefit From REDC Grants

By Spectrum News Staff Albany

PUBLISHED 12:40 PM ET Dec. 18, 2018 PUBLISHED December 18, 2018 @12:40 PM

Central New York has been awarded $88.2 million, and the Southern Tier has won $65.4 million, in the latest round of Regional Economic Development Awards from New York State.

Lieutenant Governor Kathy Hochul made the announcement Tuesday morning at the Albany Capital Center.

Today marks Round VIII of @NYGovCuomo’s #REDCawards. Since 2011, over $5.4 billion has been awarded to more than 6,300 projects to create and retain more than 22,000 jobs. pic.twitter.com/h3oo6yPyn3
— EmpireStateDev (@EmpireStateDev) December 18, 2018

The CNY awards, will support 91 projects, according to the state economic development agency. The region earned the most money of any grant given Tuesday.

Central NY is a Top Performer in Round VII of #REDC Awards! Winning #CNYREDC plan will ensure region continues to rise!Congratulations! #CNYRising pic.twitter.com/TK5Au9SXjQ
— Central NY Rising (@CNYRising) December 18, 2018

The Southern Tier's award, the second-largest given out Tuesday, will support 101 projects.

The #SouthernTier is soaring. They have been awarded $65.4M as a Regional Awardee in the #REDCawards supporting 101 projects. #STSoaring pic.twitter.com/xX7bGH0f3W
— SouthernTierSoaring (@STSoaring) December 18, 2018

CNY, Southern Tier Projects to Benefit From REDC Grants

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