Step into a new era for New York State communities! Across the state, exciting transformations are underway, thanks to dedicated revitalization efforts. At the heart of this renaissance are two powerful programs: the Downtown Revitalization Initiative (DRI) and the Restore New York Communities Initiative. These initiatives aren’t just about fixing up old buildings; they’re about igniting economic growth, creating vibrant downtowns, and building stronger, more livable neighborhoods. Discover how New York is tackling blight, attracting vital investments, and fostering dynamic spaces for residents and businesses alike.
The Downtown Revitalization Initiative is a cornerstone of the State’s economic development program, transforming neighborhoods into vibrant centers offering a high quality of life and serving as magnets for redevelopment, business, job creation, and economic and housing diversity. These programs are designed to help municipalities across New York State attract residents and businesses by redeveloping properties. The Restore New York program specifically provides municipalities with financial assistance to demolish, rehabilitate, and restore blighted, vacant, abandoned, condemned, or surplus structures, turning them into productive residential, commercial, and mixed-use developments. By reducing blight and spurring new investments, these programs aim to improve the vitality of communities statewide.
