Monthly Archives: May 2024

Local Support For 2024 CFA Process: REDC Round XIV

May 17, 2024 – 10:58 am

Governor Kathy Hochul has announced the opening of the Round XIV Regional Economic Development Council Initiative and Consolidated Funding Application (CFA) process. The application portal is now open and Capitalize Albany staff is available to assist applicants located within the City of Albany. Corporation staff will coordinate requests for letters of support from the Mayor and resolutions […]

New High School To Expand KIPP Capital Region Public Charter Schools Network In The City Of Albany

May 16, 2024 – 11:40 am

View Press Release  With support from the City of Albany Capital Resource Corporation (CRC), financing made possible with the issuance of tax-exempt bonds will support KIPP Capital Region Public Charter Schools (KIPP) — allowing the charter school network to invest in the design and construction of a new more than $50 million, three-story, 98,000 sq. […]

Completion Of $15 Million 60-Unit Gallery On Holland Apartments To Strengthen Neighborhood Connectivity

May 14, 2024 – 10:10 am

Local officials and community members today joined Richbell Capital in cutting the ribbon on the latest completed multifamily residential project in the City of Albany. The Gallery on Holland is a $15 million, more than 60,000 sq. ft. 60-unit new construction market-rate multi-family apartment development located at 25 Holland Ave. near the intersection of Delaware […]

The Bevy Vintage Collective Is Welcomed To Downtown Albany, Grand Opening Celebration

May 10, 2024 – 11:12 am

We all know the outdoor, vintage-only market that pops up a few times yearly in Albany’s warehouse district. Now, over four years in operation, it has grown its offerings, featuring more than 50 vendors, attracting many from out-of-state  Sarah Minguela is part of the team behind Albany’s Vintage Roundup and now has her venture as owner of The […]

With Latest Round, In Total More Than 60 Albany Businesses and Nonprofits Have Received Small Business Facade Improvement Program Matching Grant Awards To Reinvest And Grow

May 3, 2024 – 11:55 am

Program Has Leveraged More than $650,000 In Private Investment As part of the City of Albany’s Small Business Façade Improvement Program’s sixth-round which closed in December, 15 Albany small businesses and nonprofits received matching grant awards totaling more than $130,000 this month. Already, since its inaugural round the program has supported more than 50 businesses’ […]

Celebration At Nine Pin: Expanded Tasting Room Now Open

May 2, 2024 – 10:12 am

            View this post on Instagram                         A post shared by Capitalize Albany Corporation (@capalbanycorp) Nine Pin Ciderworks has completed the repurposing of its former 3,200 sq. ft. production area into an  expanded tasting room. Enhancing the on-site experience, […]