North Country REDC meets in Lake Placid
LAKE PLACID — The North Country Regional Economic Development Council held its second meeting of the year here Friday, receiving updates from various work groups and reviewing strategies ahead of the Consolidated Funding Application deadline for state grants.
“The REDC has now finalized all of its preparations for this year’s competition for state economic development investments,” Garry Douglas, president of the North Country Chamber of Commerce and NCREDC co-chair, said in a press release. “It’s now up to the region’s businesses, localities and nonprofits to develop and submit strong proposals by July 27. The more and stronger the applications, the more state investment we will attract.”
The council also welcomed two new members: village of Massena Mayor Timmy J. Currier and Advocate Drum Executive Director Edward W. “Fritz” Keel.
A representative from the New York State Energy Research and Development Agency discussed the new Net Zero Energy for Economic Development Program offered through this year’s CFA. This program supports economic development projects where a facility’s annual energy usage is less than or equal to the on-site renewable energy produced. NYSERDA is placing an emphasis on projects that are aligned with each region’s strategic plan.
A CFA workshop was held in Lake Placid Friday following the meeting. More than $525 million will be awarded this year through the CFA process, with awardees announced at the annual REDC ceremony. The 2018 REDC Guidebook and list of available resources are available at www.regionalcouncils.ny.gov. The deadline for applications is July 27 at 4 p.m., and applications are available at https://apps.cio.ny.gov/apps/cfa/.
The NCREDC is composed of Clinton, Essex, Franklin, Hamilton, Jefferson, Lewis and St. Lawrence counties, and is one of 10 regional councils across New York state. There are now 531 projects across the region, which have been awarded a total of $549.5 million in support from the state through the REDC initiative.