Governor Cuomo's office is handing out about $40 million to 75 municipalities through Round Four of the Restore New York Communities Inititative.
More than $3 million is on the way to the Capital Region, including a million to the City of Schenectady for the Restore Schenectady project. That includes the demolition or rehabilitation of 10 mixed-use properties. The City of Troy is getting almost $800 thousand to rehab and eventually reopen the historic American Theater, which is part of the city's Riverwalk redevelopment plan.
Amsterdam is getting $500 thousand to turn the former Wrestling Hall of Fame building into mixed-use development and the Village of Canajoharie is receiving the same amount to demolish the eastern portion of the former Beech-Nut plant.
CLICK HERE to see the full list of projects receiving funding.
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