Governor Kathy Hochul has announced that the Village of Geneseo is one of the two Finger Lakes municipalities to receive $4.5 million in funding through the New York Forward initiative. The announcement signifies the governor’s commitment to revitalizing downtowns and promoting economic growth in the region.
New York Forward, a key economic development initiative, aims to accelerate and expand the progress taking place in the state’s downtown areas. The program is designed to support smaller communities that boast historical character and are distinct from larger, more urban central business districts. These communities are pedestrian-friendly areas that cater to the needs of the local community.
Governor Hochul said, “These investments will help Geneseo and Medina reinvigorate their downtowns by creating jobs, boosting economies, and improving the quality of life. My administration is committed to making strategic investments to help strengthen downtowns for the next generation of New Yorkers.”
Geneseo, a bustling village located in the heart of Livingston County, is central to commerce, government, social interaction, entertainment, and higher education within the County. With the aid of NY Forward funding, the village can implement its comprehensive strategy aimed at enhancing economic development opportunities, transform vacant properties into downtown anchors, and expand public spaces and amenities.
The Finger Lakes Regional Economic Development Council selected Geneseo and Medina for funding based on the ability of the applicant to create jobs, execute plans and sustain growth, and manage implementing projects. The $4.5 million in funding is part of New York’s initial $100 million allocation for the NY Forward program.
Bill Bacon, the director of the Livingston County Economic Development Office, described the funding as transformative and expected it to play a vital role in the economic development and continued revitalization of Geneseo and Livingston County as a whole. The state’s investment in the village will enhance the downtown district, create new opportunities for businesses and entrepreneurs, and make the region more attractive to visitors and new residents.
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