City of Hornell to receive $10M through NYS Downtown Revitalization Initiative
HORNELL, N.Y. (WENY) – The City of Hornell is the latest Southern Tier community to receive $10 million from New York State's Downtown Revitalization Initiative (DRI) award.
New York State's DRI was created to assist “short- and long-term local plans to transform neighborhoods, encourage business development and expand private-sector economic growth”.
The initiative was first proposed in 2016 and under the program, the state has so far distributed $100 million in grants to communities that were chosen.
In order to be considered, communities must submit an application explaining how the money would be used in order to attract and retain a steady workforce.
Other communities in the Southern Tier that have received the DRI award include the City of Elmira, the Villages of Watkins Glen and Penn Yan and the Village of Owego.
“We are grateful for this significant state investment in the future of Hornell and the entire Southern Tier region,” said State Senator Tom O'Mara, who represents the 58th Senate District. “Hornell offers exciting foundations on which to build, beginning with the incredible success of Alstom and the many industries that support the design and building of America's first high-speed rail.
“We are hopeful this important state support will continue to advance short- and long-term community revitalization and economic growth. We continue to appreciate the commitment and leadership of Governor Cuomo and his administration, our regional economic development council, and so many local leaders for taking these critical steps to spark economic and community development across the region. As we keep building strategies for a stronger future for the Southern Tier region, this investment in Hornell will continue to help the city move forward, revitalize the downtown for businesses and residents alike, and encourage a transformation that will benefit the entire area."