Mohawk Valley | Otsego Now

Officials: State Funds Were Result of Hard Work

Andrew Cuomo, CFA awards, Gary Herzig, grants, Mohawk Valley, Oneonta, Otsego, Regional Economic Development Councils, Sandy Mathes, Senator James Seward December 14, 2015 Uncategorized webtech

Projects in Oneonta won more than $2 million in the state’s contest for funding, resulting in pending improvements to infrastructure and work towards economic development. “I’m very pleased with the awards that we received,” Oneonta Mayor Gary Herzig said. There were strong applications presenting excellent opportunities, he said, and the funding will help the city move forward. On Thursday, Gov. Andrew Cuomo announced funding awards to the state’s Regional Economic Development Councils. Awards in the six-county Mohawk Valley REDC, which includes Otsego and Schoharie counties, included more than $3.6 million awarded to projects in Oneonta and Otsego County. Oneonta city … Read More

Another Round of Funding

economic development, funding, grants, Mohawk Valley, projects, regional development councils, Upstate Revitalization Initiative December 7, 2015 Uncategorized webtech

At this time of year, economic developers around the state get very busy, because this is the season of the Consolidated Funding Application, or CFA. Each of the regional economc development councils (REDCs) receives proposals from their member counties, to fund eligible development projects that will have a positive economic impact on the region. We figure out which projects are eligible for which pots of money by combing through a huge tome that lists all the various grants that have been consolidated into those Consolidated Funding Applications. And of course, IDAs are not the only entities that apply for these … Read More