Village of Bath to receive funding through NY Forward Program
BATH, N.Y. (WETM) – The Village of Bath has been awarded funding through Round 3 of the NY Forward Program, which aims to help communities in New York State boost local economy by building a lively downtown neighborhood.
On Thursday, Feb. 27, Governor Kathy Hochul announced that the Village of Bath, amongst other municipalities, is receiving funding from the state as a part of the Downtown Revitalization Initiative and NY Forward Program.
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The Village of Bath will receive $4.5 million in funding for the village's Liberty Street Historic District revitalization, which seeks to support growth by creating an active downtown community. With the provided funds, the village will work to create growth by building an active downtown with enhanced public spaces, strategic placement of amenities and new housing opportunities that will attract visitors.
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Each of New York State's 10 economic development regions is being awarded $10 million from each program for a total state commitment of $200 million in funding and investments to the initiative.
To receive funding from either DRI or the NY Forward Program, the region must be certified under Governor Hochul's Pro-Housing Communities Program, which allocates $650 million each year in discretionary funds for communities that agree to increase housing supply.
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