Newburgh hoping for share in latest $10M in state downtown grant competition

Broadway, Newburgh

NEWBURGH – Round nine of the state’s Consolidated Funding Application program will begin on Wednesday as the state accepts applications for a total of over $750 million in aid for municipalities in the 10 economic development regions.

To date, the Mid-Hudson Valley has received $647.8 million for 809 projects.

The state will also review applications for the $10 million Downtown Revitalization Initiative grants for each one. In the Mid-Hudson region, the City of Middletown was the first designation, followed by the City of Kingston and then the City of New Rochelle.

Assemblyman James Skoufis (D, Woodbury) will be pushing for the City of Newburgh to receive the fourth round of that funding.

“They have a strong application,” Skoufis said. “I understand they were competitive in the last round and certainly I will do whatever I can. That would be transformative to get that sort of money to revitalize the commercial corridor, the Broadway corridor. That would be tremendous.”  

In the competition for the Consolidated Funding, each regional council will compete this year for up to $150 million in capital funds and $75 million in Excelsior Tax Credits for projects identified as priorities in each region.

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