YONKERS, N.Y. -- State Sen. Andrea Stewart-Cousins, the Senate Democratic leader, announced that the state has made a nearly $5 million commitment to fund various economic development projects located within the Mid-Hudson region she represents.
The funding is part of the Regional Economic Development Council awards totaling $750 million statewide, with $90.4 million for the Mid-Hudson Regional Economic Development Council in support of 109 projects for the region that includes Westchester County.
“I’m pleased that key projects in my district will get essential resources in this highly-competitive grant process,” said Stewart-Cousins. “The state's Regional Economic Development Councils continue to provide significant, locally-targeted investment that is creating economic opportunities and job growth, supporting businesses and expansion, building housing, and generating new options for tourism. That's why I continue vote for this important funding."
Just over $3 million in projects were awarded in Yonkers, including one of the top awards in the Mid-Hudson Region, $1.25 million for SoYo Exalta.
SoYo Exalta is a $197 million mixed-use development that includes 442 housing units, 509 parking spaces and 40,000 square feet of retail/restaurant space to be constructed near the Saw Mill River Daylighting and the Yonkers Train Station.
Yonkers also received a $90,000 grant to move ahead with plans by local artist Vinnie Bagwell to create an African Rain Garden. An additional $1.9 million in REDC funding is dedicated for other projects in the 35th Senate District, including $1.05 million for the Cayuga Pond Stormwater and Sediment Reduction in Scarsdale, the Old Croton Aqueduct restoration in Irvington, and restoring the 20-acre historic landscape between Lyndhurst in Tarrytown and the Hudson River.
“These varied and numerous projects, together, will significantly enhance our communities and lay the groundwork for additional economic opportunities throughout our region and our state, ” added Stewart-Cousins.
Stewart-Cousins represents part of Yonkers, White Plains and New Rochelle, and all of Greenburgh and Scarsdale.