10/09/2024 | Press release | Distributed by Public on 10/09/2024 19:01
The City of Poughkeepsie is seeking information about projects that are under development along the Main Street commercial corridor that can be included in its application for funding under the New York State Downtown Revitalization Initiative (DRI), a statewide program aimed at revitalizing urban communities.
If awarded, the city will secure $10 million in funding for projects in the city's downtown commercial corridor. Projects will be reviewed by the city for potential inclusion in the application.
If you are interested in submitting a project for consideration, please review the eligibility criteria and submit using this link.
The deadline for submission is Friday, September 20.
Project Requirements: Per New York State guidelines, projects identified in a DRI proposal must:
1. Be awarded to public, private, or non-profit organizations with the funding, capacity, and
legal authority to implement the proposed development.
2. Must break ground within two years of receiving funding.
3. Must leverage additional funding sources and illustrate a path to full financing.
4. Must be transformative for the downtown boundary area.
5. Must have site control and/or agreement from the lessor owning project target area.
Eligible Projects:
● Public Improvement Projects: including infrastructure, streetscape, sidewalks, transportation, recreational trails, wayfinding, upgraded parks and plazas, public art, green infrastructure, or other public amenities.
● Rehabilitation of Existing Downtown Buildings: Mixed-use, commercial, residential, nonprofit, or public use with visible and functional impact on downtown. Projects should serve as anchor, catalytic, or transformative projects that will provide employment opportunities, housing, or community services.
● Parking: New construction or redevelopment must directly support further downtown development.
● Small Project Fund: A locally managed matching small project fund for façade enhancements or small-scale renovation projects.
● Wayfinding & Placemaking: Capital investment that enriches cultural, historical, or local identity.
Ineligible Activities:
● Planning activities
● Operations and maintenance
● Pre-award costs
● Property acquisition
● Training or other programmatic expenses.
For more information, please contact City Planner Richard Distel at [email protected].