regional councils


Fri December 12, 2014

Central New York brings back $80.2 million in aid in economic development competition

Originally published on Fri December 12, 2014 8:15 am

Renovations to the Hotel Syracuse is one of the projects the Central New York Regional Economic Development Council put forward for state aid.
Ryan Delaney WRVO

The Hotel Syracuse is receiving a multi-million dollar state grant through New York’s competitive economic development funding program. The project is part of $80.2 million in funding central New York won.

Central New York’s regional economic development has been named a "top performer" for the third time in four years in the state’s flashy economic development funding program. It competes against other regions of the state for aid. The state gave out $709 million in all.

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Thu December 12, 2013
Regional Councils

Several regions win big at Regional Economic Development Council awards

Originally published on Thu December 12, 2013 8:30 am

Each region was given a portion of $715 million in state money for economic development.

There were several big winners amongst the state’s Regional Empire Development Council, as five walked away with more than $80 million each, during the third annual set of awards announced Wednesday.     

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Wed December 11, 2013

Regional Economic Development Council awards for 2013

Economic development awards totaling nearly $716 million were announced at an event in Albany Wednesday. The figure is down slightly from $738 million awarded in 2012. It's the third year for the allocation of regional economic development funding under the Cuomo administration. 

The awards format, with it's 'we're all winners' mantra was predictably upbeat and slick. The event kicked off with a light-hearted, and uncharacteristically moderate, video appearance by comedian Lewis Black.

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Wed December 11, 2013
Regional Councils

N.Y. incentives and subsidies still lack evaluation and oversight

New York state spends about $7 billion on tax incentives and business subsidies each year. Regional Economic Development Councils, or REDCs, were put in place in 2011 to help coordinate this spending at a regional level.

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Tue April 16, 2013

North Country REDC gets crash course on Fort Drum's impact

License Some rights reserved by Dougtone Creative Commons License

The North Country Regional Economic Development Council or REDC, held its most recent meeting at Fort Drum last week. The idea was to give members from the region's seven counties greater insight into how the Army post interacts with the local economy. The council also took steps to implement a new program for water and sewer project infrastructure.  

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