SCHUMER ANNOUNCES FED FUNDS TO CREATE COMPREHENSIVE ECONOMIC DEVELOPMENT PLANS IN S. TIER, MOHAWK VALLEY, CNY, FINGER LAKES & LAKE CHAMPLAIN AREA

Plans Will Cover Fulton, Herkimer, Montgomery, Oneida, Otsego, Schoharie, Cayuga, Cortland, Madison, Onondaga, Oswego, Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming, Yates, Allegany, Chautauqua, Cattaraugus, Broome, Chenango, Cortland, Delaware, Tioga, Clinton, Essex, Hamilton, Warren, and Washington Counties

U.S. Senator Charles E. Schumer today announced the federal Economic Development Administration (EDA) has awarded $70,000 to six different regional planning and development boards around the state to develop and implement a comprehensive economic development strategy that supports private capital investment and job creation in the region. The six groups receiving funding, and the counties that will be included in the economic development strategy, are:

• Mohawk Valley Economic Development District: Fulton, Herkimer, Montgomery, Oneida, Otsego, and Schoharie
• Central New York Regional Planning and Development Board: Cayuga, Cortland, Madison, Onondaga, and Oswego, and the city of Syracuse
• Genesee Finger Lakes Regional Planning Council: Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming, and Yates
• Southern Tier West Regional Planning and Development Board: Allegany, Chautauqua, and Cattaraugus
• Southern Tier East Regional Planning and Development Commission: Broome, Chenango, Cortland, Delaware, and Tioga
• Lake Champlain-Lake George Regional Planning and Development Board: Clinton, Essex, Hamilton, Warren, and Washington

“Having a clear, strategic vision for creating jobs and attracting private investment is key to strengthening regional economies around the state,” said Schumer. “This federal funding will help economic development experts in the Mohawk Valley, Central New York, Finger Lakes, Southern Tier, and Adirondacks develop the type of comprehensive strategy that can provide a real shot in the arm to the regional economy.”

As the only federal government agency focused exclusively on economic development, the U.S. Department of Commerce’s Economic Development Administration (EDA) plays a critical role in fostering regional economic development efforts in communities across the nation. Through strategic investments that foster job creation and attract private investment, EDA supports development in economically distressed areas of the United States.

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