Monthly Archives: May 2021

Webinar On June 2: REDC Round XI CFA Process

May 25, 2021 – 5:14 pm

On June 2 at 10 a.m. The New York State Economic Development Council and Empire State Development will be hosting an online webinar for an overview of the CFA application process including how to access the Consolidated Funding Application, new changes to the award timeline, and information for how to connect with appropriate Regional Councils […]

#DowntownWorks For Picotte Cos.

May 24, 2021 – 12:28 pm

For evidence of Picotte Cos.’ faith in the resiliency and staying power of Albany, look no further than 111 Washington Ave., located at the edge of downtown and just steps from the heart of the city’s urban core. The company, which is one of the largest owners of private office buildings in the region, invested […]

Issuance Of Tax-Exempt Bonds Supports Retention Of More Than 200 Jobs And Maximizing Resources For KIPP: Albany Community Public Charter Schools

May 20, 2021 – 5:54 pm

Savings Of More Than $3.6 Million Will Support KIPP Albany’s Long-Term Financial Sustainability, Critical High-Quality Programming For Students Press release, available here.  With support from the City of Albany Capital Resource Corporation, financing made possible in part with the issuance of tax-exempt bonds will support KIPP: Albany Community Public Charter Schools (KIPP Albany) — allowing […]

Regional Economic Development Councils Initiative Round XI CFA Process Now Open

May 11, 2021 – 5:52 pm

Governor Cuomo’s transformative Regional Economic Development Councils Round XI consolidated funding application (CFA) process was announced today, the application portal is now open and Capitalize Albany staff is available to assist applicants. The 2021 funding round includes more than $750 million in state economic development resources.  Round XI core funding includes $225 million in grants and tax credits to fund high value […]

Expansive Is ‘Bullish On The Future Df Downtown Albany’

May 11, 2021 – 10:15 am

#DowntownWorks for the newly rebranded Chicago-based Novel Coworking making its debut in New York at 69 State Street Novel Coworking isn’t Novel anymore. The Chicago-based company, which has 40 locations around the country and opened its first location in New York in downtown Albany this past February, has rebranded as “Expansive.” “It better fits our […]

Celebrating Economic Development Week #EDW2021

May 10, 2021 – 1:47 pm

In observance of Economic Development Week, Capitalize Albany is joining the conversation online with other professionals and communities across the country. The Capitalize Albany team is working to support our community during this unprecedented public health crisis. Economic developers everywhere are working to build sustainable communities and prepare for what comes next. The week-long initiative was created by the International […]

United Way Is Bringing Coworking To Downtown Albany At The Blake Annex Supporting Nonprofit Community

May 8, 2021 – 2:45 pm

Downtown is welcoming a new coworking space designed specifically to meet the needs of the area’s burgeoning nonprofit community. The United Way of the Greater Capital Region’s Blake Annex is housed in 24,000 square feet on two floors in the former Steuben Club and Kenmore Hotel at 76 N. Pearl St. – landmark historic buildings […]