Local communities wishing to have their downtown selected for $10 million in state investment have until May 20 to apply to the Long Island Regional Economic Development Council.
The council, appointed by Gov. Andrew M. Cuomo, will recommend one downtown for the award. The money comes from Cuomo’s $100-million Downtown Revitalization Initiative, which was approved by the State Legislature last month.
A committee of council members will review the applications. The full council then will forward its recommendation to Albany by June 30, said Kevin Law, co-vice chairman of the council and president of the Long Island Association.
More information about the program will be presented at the council’s May 9 meeting, from 10 a.m. to noon, at Hofstra University’s David S. Mack Student Center.
“Everyone will be given a fair shot…everyone has an equal chance of being a winner,” Law said.
He also said a downtown does not have to be home to a Long Island Rail Road station in order to win the competition despite the council’s past support of transit-oriented developments.
“We are looking for a downtown that is ripe for development, can leverage private investment and is near an employment center,” Law said.
This is the third instance in which the council is being asked by state government to identity a community for additional help.
Previously, the council selected Wyandanch and Huntington Station for the Opportunity Agenda program, which aims to combat blight and joblessness. For example, millions of dollars have gone to the Wyandanch Rising development and worker training programs since 2013.
Law said the state would pay for professional planners to help the winning downtowns develop revitalization projects.
The program criteria can be found at http://on.ny.gov/1r3LGrI