January 26, 2017
FOR IMMEDIATE RELEASE
City of Kingston awarded $500,000 grant from Restore New York Communities Initiative
(Kingston, N.Y.) Mayor Steve Noble is pleased to announce a $500,000 award from the Restore New York Communities Initiative to the City of Kingston to support major Midtown revitalization initiatives.
“This is great news for Midtown and great news for the City of Kingston,” said Mayor Noble. “As I discussed during my State of the City address, we are going to aggressively seek opportunities to address our core focus areas, including housing. These funds, joined with our efforts to establish a Land Bank, implement coordinated code enforcement, and address ‘zombie properties’, propel this vision forward.”
The Restore NY funds will support the restoration of four properties in Midtown Kingston. Funding will be used to:
- Assist with the cost of demolition of the former Mid-City Lanes bowling alley, located at 20 Cedar St., in preparation of RUPCO’s “Energy Square.” The project is proposed to include 57 mixed income rental units and a significant commercial space to be used by innovative not for profits and groups.
- Address three (3) single-family properties located within a few blocks of the Cedar Street building. These are surplus properties obtained by the City that are currently in significant disrepair and vacant. Restore NY will provide funds for a financial gap that the City has to rehabilitate the homes. Once rehabilitated, these properties will be available for purchase at an affordable price, encouraging home ownership in the neighborhood and, ultimately, further community stability.
“We ended 2016 learning that we had been awarded a record $3.3 million from the NYS Consolidated Funding Application to support our infrastructure, sustainability, and transportation initiatives,” Mayor Noble continued. “We are going to continue this momentum in 2017, starting off with housing.”