Region to get share of fed funds for development

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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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