More downtowns in the Hudson Valley are being revitalized thanks to New York State.

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On Monday, Gov. Kathy Hochul announced Haverstraw and Ossining will receive $10 million each in funding as the Mid-Hudson region winners of the fifth round of the Downtown Revitalization Initiative (DRI).

As part of DRI Round 5, each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in funding and investments to help communities boost their post-COVID-19 economies by transforming downtowns into vibrant neighborhoods.

"Our downtowns are the hubs for communities to connect and thrive, and as a former local official I know personally how transformative this funding can be to boost quality of life," Hochul said. "Through our Downtown Revitalization Initiative, we will continue to give communities, like Ossining and Haverstraw, across the state the extra boost they need to recover from the pandemic and create more viable, livable, walkable downtowns."

The program serves as a cornerstone of the state's economic development policy by transforming downtown neighborhoods into vibrant centers of activity that offer a high quality of life and attract redevelopment, businesses, jobs, and economic and housing diversity, officials say.

Haverstraw and Ossining now join the cities of Middletown, Kingston, New Rochelle and Peekskill, which were the Mid-Hudson Region's winners in the first four DRI rounds, respectively.

Below is what Downtown Revitalization Initiative is expected to do for each downtown area:

The Mid-Hudson Region Economic Development Council conducted a thorough and competitive review process of proposals submitted from communities throughout the region and considered all seven criteria below before recommending Haverstraw and Ossining as the nominees:

  • The downtown should be compact, with well-defined boundaries;
  • The downtown is able to capitalize on prior or catalyze future private and public investment in the neighborhood and its surrounding areas;
  • There should be recent or impending job growth within, or in close proximity to the downtown that can attract workers to the downtown, support redevelopment and make growth sustainable;
  • The downtown must be an attractive and livable community for diverse populations of all ages, income, gender, identity, ability, mobility and cultural background;
  • The municipality should already embrace or have the ability to create and implement policies that increase livability and quality of life, including the use of local land banks, modern zoning codes and parking standards, complete streets plans, energy efficient projects, green jobs, and transit-oriented development;
  • The municipality should have conducted an open and robust community engagement process resulting in a vision for downtown revitalization and a preliminary list of projects and initiatives that may be included in a DRI strategic investment plan;
  • The municipality has the local capacity to manage the DRI process; and
  • The municipality has identified transformative projects that will be ready for near-term implementation with an infusion of DRI funds.

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