Governor Cuomo: BOA Grants for 26 Communities (USA)
Governor Andrew M. Cuomo announced $10 million in Brownfield Opportunity Areas (BOA) grants for 26 communities throughout the state.
Brownfields are dormant properties where the presence or potential presence of contamination has impeded site redevelopment, turning the properties into economic and environmental drains on localities. BOA grants provide funding for municipalities to implement revitalization strategies that are necessary in order to redevelop impacted sites.
“Brownfield redevelopment is essential to encouraging growth in distressed communities throughout the state,” Governor Cuomo said.
A regional breakdown of the 26 grant recipients is as follows:
– Affordable Housing Partnership (AHP) Sheridan Hollow Revitalization Plan ($464,400) – AHP will complete a revitalization plan for a 110 acre area characterized by widespread abandonment and brownfield sites in the City of Albany’s Sheridan Hollow neighborhood. The plan will generate development projects on 15 strategic sites for commercial and residential development;
– Town of Colonie: Lincoln Ave Revitalization Plan ($266,400) – The Town’s industrial Development Agency will complete a revitalization plan for the Lincoln Avenue area consisting of 370 acres with 6 large brownfield sites;
– Town of Fort Edward: Champlain Canal Implementation Strategy ($254,250) – The Town will complete an implementation strategy to spur investment in a 500-acre industrial park located on the NYS Champlain Canal, characterized by significant vacant acreage, existing industries and the Hudson River dredging dewatering facility;
– City of Glens Falls: South Street Revitalization Plan ($124,000) – The Greater Glens Falls Development Corporation will complete a revitalization plan for an area that includes 45 acres and 20 brownfields or vacant sites in the central portion of the Glens Falls downtown business district to spur investment for mixed use projects, new housing and to create jobs.
Press Release, October 18, 2013