Economic and Community Revitalization

TOP Economic and Community Revitalization

Bottom-Up Economic and Community Development Strategy

Breathing New Life into Our Communities

Since taking office, Governor Cuomo has replaced the State's top-down, "one-size fits all" approach to economic development with one that is regionally-based and performance-driven.

Communities are empowered, determining their own destiny through comprehensive strategic plans developed by the Regional Economic Development Councils, which are guiding the greatest investment in Upstate's history and actively supporting tens of thousands of jobs across the state.

This new approach has been extended to our urban centers. Governor Cuomo has made it a priority to end the cycle of decline in our Upstate cities and breathe new life into our downtowns. And it's working - with the transformation of vacant historic buildings into active mixed-use developments with apartments, businesses and restaurants, and innovative companies attracting young people to Upstate's urban centers.

We will continue stimulating growth across the state’s regional economies – from the ground up –while the Empire State remains the globe’s beacon of economic opportunity.

Spurring economic growth from the ground up and creating jobs across New York

Regional Economic Development Councils

This initiative is a key component of Governor Cuomo's approach to economic development, putting into place a community-based, bottom up approach and establishing a competitive process for State resources.

Established in 2011, the 10 Regional Councils develop long-term strategic plans for economic growth in their regions. They are made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations.

Since 2011, more than $4.6 billion has been awarded to over 5,200 projects that are projected to create and retain more than 210,000 jobs statewide.

Revitalizing Communities Across New York State

Economic Development

Buffalo Billion

Since the historic $1B program began, the Queen City has again become a global destination to live and work - prompting the launch of Phase II to extend the progress to the neighboorhood level. 

$20 Billion Plan to Create Affordable Housing

Revitalizing Our Communities Begins with Affordable & Sustainable Housing

Largest Investment in State History

The $20B, 5-year plan to advance the construction of affordable housing and combat homelessness was made possible by the release of $2.5B in capital funding delivered in the FY 2018 Budget.

Adding Critical Supply to the State's Stock of Affordable Housing

The plan commits $10B to create and preserve more than 110,000 units across NYS, including 12,000 units created through the new "Affordable New York" program formerly known as 421-a.

Landmark Commitment to Supportive Housing

The plan also includes a $10B commitment to create 6,000 new supportive housing beds, including $7.5 billion to end the homelessness crisis across the state.

Get Involved

Text NEW YORK to 81336

Learn more about what the state is doing to revitalize our communities.