Governor Hochul Announced more than $64.1 Million Awarded through Restore New York Communities Initiative. The projects will help increase the available housing stock in NYS and will spur new investments and stimulate economic growth. NYSEDC advocated to restore and maintain annual funding for this transformative program. | Click here for a full list of project awards across New York State.

The New York Power Authority (NYPA) Board of Trustees approved economic development awards to 22 firms that will spur more than $200 million in capital investments and support 1,664 jobs throughout the state. The ReCharge NY power allocations and funding awards totaling more than $3 million to three firms in Western New York and one firm in the North Country. | Click here to see the full list of awards.

A coalition of more than 50 business, energy and labor organizations are calling on the NYS Governor's administration to conduct a comprehensive assessment of New York's impending mandates under the Climate Leadership and Community Protection Act, which are not on track to be met and could result in significant energy supply shortfalls and adverse impacts across numerous industries. | Read about the coalition and their request to the Governor's office at the Times Union.

Stacey Duncan, NYSEDC Board Member and President and CEO of The Agency published an Op-Ed about energy capacity, reliability and future demand in the Southern Tier and the importance of having the economic development community at the table when investment decisions in the grid are being considered at the State level. | See the piece on PressConnects.

The Suffolk County IDA has recently approved a transaction to support the development of the largest privately-owned, mixed-use sports and medical complex in the Tri-State Region. DestiNation KP will turn 44.5 acres of land into a state-of-the-art regional tourist destination for sporting events, camps and tournaments. The more than $92 million project is expected to create more than 100 permanent jobs while increasing tax revenue by attracting hundreds of thousands of visitors per year. | Read more on Newsday here.

Upstate Niagara Cooperative, a dairy company in Erie County, is planning a $150 million expansion in West Seneca to meet an "insatiable" demand for cottage cheese and Greek yogurt. The company will more than double its facility at 3300 North America Drive, with a 250,000-square-foot addition to its 222,851-square-foot warehouse. According to an application filed with the Erie County IDA, the cooperative already owns the vacant land. | Click here to read more

The Clarkson University Board of Trustees announced the appointment of David Heacock '83 as Acting President of the University. Heacock has had a distinguished career in industry, including top leadership positions at Texas Instruments where he led major business transformations. He also has extensive experience in the venture capital community, as well as service on not-for-profit boards and organizations. | Learn about the transition on North Country Now.

New York will launch an online portal next month for organizations to apply for grants from a $500 million fund designed to benefit communities surrounding Micron Technology Inc.’s planned semiconductor megafab in Clay. The portal will open Aug. 15. Groups interested in applying for a grant must first submit a letter of intent explaining how their projects would support investments in four categories: workforce development, education, community development and housing. | Click here to read more.

More than $70 Million Awarded Through ConectALL Municipal Infrastructure Grant Program. The funding is part of a $228 million federal investment to help connect New Yorkers to high-speed broadband internet. | See the awardees and learn about the program here.