Monthly Archives: May 2019

Upstate Revitalization Initiative Award Announced To Support Liberty Park Redevelopment, Downtown Poised For Unprecedented Success

May 16, 2019 – 7:55 pm

Today, Governor Cuomo announced more than $22 million in New York State funding to support two transformational projects in Downtown Albany. Empire State Development (ESD) will provide up to $15 million in Upstate Revitalization Initiative funds to Capitalize Albany for the redevelopment of Liberty Park. This funding will support acquisition, demolition, stabilization of property, infrastructure and […]

CFA Workshop at Albany City Hall On May 20

May 14, 2019 – 8:21 pm

Governor Cuomo’s transformative Regional Economic Development Councils Round IX consolidated funding application (CFA) process is under way and Capitalize Albany Corporation will be hosting an informational session and application workshop on Monday, May 20 at Albany City Hall from 5:30 – 6:30 p.m. Contact Capitalize Albany staff at development@capitalizealbany.com with any questions and to RSVP for this workshop. A PDF flier is available here. Assisting local […]

Applications Available, City of Albany Small Business Facade Improvement Program Spring Funding Window

May 7, 2019 – 3:40 pm

VIEW PRESS RELEASE   Applications are now available as part of the City of Albany Small Business Facade Improvement Program’s third-round spring funding window with an additional $100,000 in matching grants being made available to support small business owners citywide. The program can provide matching grants up to $10,000 to small businesses and/or commercial property owners for exterior […]

$5 Million Award To Support Skyway Amenities, Maximizing Usage

May 6, 2019 – 4:03 pm

In April Governor Cuomo announced $27 million in funding to support transportation enhancements in the Capital Region as part of a $144.6 million statewide investment to enhance access for bicyclists and pedestrians. The Skyway was awarded $5 million.   Governor Cuomo’s previous announcement of $3.1 million of DOT-funding supports decommissioning the ramp and all of […]

2019 CFA Process & Local Support

May 3, 2019 – 3:39 pm

Governor Cuomo’s transformative Regional Economic Development Councils Round IX consolidated funding application (CFA) process opened May 1 and Capitalize Albany staff is available to assist applicants. More than $750 million in state economic development resources will be made available. Capitalize Albany Corporation is available to coordinate letters of support from the Mayor and resolutions from the City of Albany Common Council. […]