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May 10, 2025
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governor.ny.gov

NY State Governor Hochul’s $52.1 Million Investment in Transportation for Older Citizens : Key Business Considerations and Political Perspectives

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On October 4, 2024, Governor Kathy Hochul announced a substantial investment of $52.1 million aimed at enhancing transportation services for older citizens and individuals with disabilities throughout New York State. This funding, administered by the New York State Department of Transportation under the Federal Transit Administration’s Section 5310 Program, supports 133 initiatives designed to improve…

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NY State Governor Hochul Announces $25 Million Available for Airport Modernization and Safety Enhancement Projects

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New York State Governor Hochul announced funding to support public-use airports’ safety enhancements, operations, resilience, and economic competitiveness. Governor Kathy Hochul today announced that up to $25 million in State funding is now available to support safety enhancements, modernize operations, promote environmental resilience and enhance regional economic competitiveness of the State’s public-use airports. The funding,…

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Governor Hochul Allocates $90 Million to Replace Lead Pipes and Improve NY Drinking Water

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Governor Kathy Hochul has unveiled a $90 million state grant initiative to replace lead service lines and enhance drinking water infrastructure throughout New York. The funding focuses on removing harmful lead pipes, particularly in underserved communities, to ensure safer drinking water for residents. This effort aligns with federal initiatives, aiming to improve water quality and…

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Governor Hochul’s $90 Million Initiative to Boost Youth Mental Health Services Statewide

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In a significant move to support youth mental health, Governor Kathy Hochul has announced nearly $90 million in funding over the next five years to help establish critical services for young individuals dealing with complex mental health issues. This program will benefit six service providers across various regions of New York, offering personalized one-on-one support…

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Governor Hochul Unveils $10 Million Main Street Capital Program to Empower New York’s Entrepreneurs: Key Questions and Insights

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Governor Kathy Hochul has announced the launch of the Main Street Capital Program, a $10 million initiative designed to provide affordable loans to New York’s start-ups and early-stage companies. This program aims to support entrepreneurs, particularly those who are socially and economically disadvantaged, by offering loans of up to $100,000 with flexible payment options. While…

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Transforming New York: $260 Million Federal Funding for Brooklyn Marine Terminal and Inwood Greenway

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Mayor Eric Adams is taking decisive action to transform New York City’s transportation and environmental landscape. With a significant $260 million federal grant dedicated to upgrading the Brooklyn Marine Terminal, this initiative aims to not only enhance logistical efficiency but also promote sustainability through the creation of green spaces. This strategic investment reflects the administration’s…

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