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The program has been known as RAISE since 2021, and has awarded 90 projects across 47 states plus the District of Columbia and Guam in 2021, 166 projects across 50 states and various territories in 2022, and 162 projects across 50 states and various territories in 2023. [11] In 2023, the program received $2.2 billion in federal funding. [12]
The NYCRC has provided over $1.5 billion of capital to fund a wide variety of real estate and infrastructure projects in New York City. To date, 21 economic development projects have successfully utilized NYCRC financing to assist in the construction of over 3.5 million square feet of new development and renovation as well as infrastructure upgrades. [1]
The redevelopment of large sections of New York City and New York State by Robert Moses between the 1930s and the 1970s was a notable and prominent example of urban redevelopment. Moses directed the construction of new bridges , highways , housing projects , and public parks .
To make it rain for shareholders, AT&T execs are betting that investments in 5G infrastructure and fiber will yield a quicker pace of sales and earnings growth than seen in 2024. The company has ...
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The New York State Urban Development Corporation (UDC) was created in 1968 by the New York State Urban Development Corporation Act. [1] [7] On August 31, 1987, the Omnibus Economic Development Act created the state Department of Economic Development (DED). [7]
American Recovery and Reinvestment Act of 2009; Long title: An Act making supplemental appropriations for job preservation and creation, infrastructure investment, energy efficiency and science, assistance to the unemployed, State, and local fiscal stabilization, for the fiscal year ending September 30, 2009, and for other purposes.
The two largest ongoing development projects in Chicago — one on the North Side, the other just south of the Loop — are primed to benefit from a series of fiscal maneuvers the city has quietly ...