Gov. Andrew Cuomo today is hosting the state’s 10 regional economic development councils to receive a progress report on their work.
The regional councils, created by Cuomo to boost job creation, shared $785 million in grants and tax breaks last year through a competitive awards process. The state announced that hundreds of projects would receive funding.
Cuomo and his staff will receive presentations from each of the 10 councils starting at 10 a.m. at the Capitol to learn more about the status of the projects, which ranged from new housing developments to aid for businesses looking to expand or locate in New York.
A second round of funding is expected to be released later this year.
“Regional collaborations and planning is a roadmap to get New Yorkers back to work,” Cuomo said in a statement Dec. 8, when the first round of awards were announced.
The Buffalo regional council is set to present its plans first, followed by the Finger Lakes council. The Southern Tier Council is also set to present its plans this morning, while others, including the Hudson Valley council is set to present this afternoon.
You can watch the proceedings here: