Last week, the Seneca County Industrial Development Agency (IDA) announced they will seek state and federal grants for a new industrial park at a yet-to-be-determined location.
IDA Executive Director Sarah Davis delivered her first-quarter report at the agency’s March 24 meeting. David said the agency will apply for a state grant program called Focused Attraction of Shovel-Ready Tracts New York (FAST NY), for which $200 million was allocated by Governor Kathy Hochul in her state budget proposal, according to Finger Lakes Times.
Additionally, the Seneca County IDA plans to apply for the federal Opportunities for Non-Developed Sites to have Opportunities for Rehabilitation for Economic Development (ONSHORE Act). If enacted, the grant program would provide $100 million for five years through the Economic Development Administration for site readiness, logistics, workforce development, and distribution.
The MRB Group has conducted a feasibility study of three potential sites for the new industrial park. Davis said negotiations are still underway to purchase one of the three sites.
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