Governor Kathy Hochul has unveiled the Downtown Albany Strategy, a revitalization plan that is part of the $400 million Championing Albany’s Potential (CAP) Initiative.
The strategy is backed by $200 million in public investments from New York State to guide coordinated action that is hoped to “spur housing growth to attract new residents, create jobs, promote long-term redevelopment, enliven commercial corridors, and energize the public realm.” [Read more…] about Historic $200 Million Downtown Albany Strategy Released