Digest

Governor Kathy Hochul today announced new guidance from the New York State Department of Financial Services (DFS) allowing state-chartered banks to receive Community Reinvestment Act (CRA) credit for lending to or investing in Community Development Financial Institutions (CDFIs) — even if their 2024 federal certification has lapsed. This action will help safeguard critical investments in CDFIs which…

New York Governor Kathy Hochul has unveiled the “Get Offline, Get Outside Challenge,” a new statewide initiative designed to inspire youth ages 12–18 and their families to unplug from screens and engage in 50 fun outdoor activities. From hiking and fishing to journaling and nature exploration, the challenge promotes physical, mental, and social well-being while…

Governor Kathy Hochul outlined her strong commitment to strengthening Albany and New York State’s economy by eliminating unemployment insurance debt, expanding workforce housing, and driving major infrastructure projects. Highlighting a pro-business approach, she emphasized streamlining regulations, investing in clean energy including nuclear power, and fostering workforce development through free community college programs. With groundbreaking tech…