Cuomo Announces Round Four Of Restore New York Funding

Governor Andrew Cuomo has launched Round Four of the Restore New York Communities Initiative.

It's a $50 million program that will provide municipalities with funding to revitalize urban areas and neighborhoods across the state.

Cities, towns and villages can apply for funding to support projects that include the demolition, rehabilitation and reconstruction of vacant and abandoned properties.

"Restore NY is a critical piece of New York State's efforts to bring positive change to distressed areas, attract new investment to our urban centers, and create jobs in every region of the state," Governor Cuomo said. "This funding not only supports the transformation of blighted and abandoned buildings, but it also enables communities to make long-needed infrastructure improvements that are key to economic growth."

Since the program's inception, more than $200 million has been invested in the removal and restoration of blighted properties in distressed communities.

For more information on the program, visit www.esd.ny.gov