Region to get share of fed funds for development
WASHINGTON, D.C. — U.S. Senate Majority Leader Chuck Schumer and U.S. Senator Kirsten Gillibrand announced $420,000 in federal funding to develop and implement regional economic development strategies throughout New York State, according to a release.
The funding was allocated through the Economic Development Administration and is designed to help promote public-
private partnerships to diversify and strengthen regional economies in New York.
Locally, the Mohawk Valley Economic Development District, Inc. received $70,000 for the development and implementation of a comprehensive economic development strategy for Fulton, Herkimer, Montgomery, Oneida, Otsego, and Schoharie counties.
The Central New York Regional Planning and Development Board was also allotted $70,000 for the same work to be completed for Cayuga, Cortland, Madison, Onondaga, and Oswego counties.
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