Governor Kathy Hochul today announced next steps toward advancing equity in New York's growing cannabis industry. Today's announcement includes the selection of Social Equity Impact Ventures, LLC, a premier minority-led investment team, to sponsor and manage the $200 million New York Social Equity Cannabis Investment Fund.
DASNY Press Releases
DASNY Seeks Firms for $200 million Social Equity Program to Develop Conditional Adult-Use Retail Cannabis Dispensaries for Social Equity Licensees
The Dormitory Authority of the State of New York (DASNY) today announced that it has released two requests for proposals (RFPs) relating to the Social Equity Cannabis Investment Program (the Program) that was included in the FY 2023 Enacted State Budget.
DASNY to Develop Agreement to Help Improve Construction Projects in Nassau and Suffolk. Adding Green Collar Jobs to Help Achieve Goals of the Climate Leadership and Community Protection Act. Pipeline to Family-Sustaining Construction Careers through Union Apprenticeship Programs. Governor to Appoint Labor Representative to Climate Action Council.
Reuben R. McDaniel III, President & CEO of The Dormitory Authority of the State of New York (DASNY) announced today DASNY has issued $30.7 million in low-cost tax-exempt bonds to enable the Oceanside Library on Long Island to expand and renovate its facility and to refund outstanding debt to achieve near-term debt service savings. The transaction is rated Aa2 by Moody’s.
Governor Kathy Hochul today announced the completion of $5.5 million in resiliency upgrades in Broad Channel, a low-lying island in Jamaica Bay. Lieutenant Governor Brian Benjamin joined Governor's Office of Storm Recovery (GOSR) Executive Director Katie Brennan, Queens Borough President Donovan Richards, as well as other community leaders and elected officials during today's ribbon cutting ceremony and celebrated the completion of this multi-year investment.
Reuben R. McDaniel, III, President & CEO of The Dormitory Authority of The State of New York (DASNY) announced today $8 billion in low-cost financing obtained through DASNY was issued in 2021 to help school districts and higher education, and not-for-profit institutions reduce costs through low-cost financing.
Reuben R. McDaniel, III, President & CEO of the Dormitory Authority of the State of New York (DASNY) announced today that DASNY completed $312 million in construction projects for higher education and health care institutions statewide in 2021.
Governor Kathy Hochul today announced the Eleventh Annual Minority- and Women-Owned Business Enterprise Forum will be held from December 14 through December 16 at the Albany Capital Center.
Governor Kathy Hochul today announced the completion of a Resiliency and Economic Development Initiative (REDI) project in the village of Sodus Point, Wayne County. The village is a popular destination for boaters, drawing visitors from across the state. The completed $7.58 million REDI grant-funded project at Wickham Boulevard and Greig Street will protect public areas, businesses, and homes from future flooding and provide additional recreational opportunities, safeguarding this community's critical tourist industry.
Reuben R. McDaniel, III, President & CEO of The Dormitory Authority of The State of New York (DASNY) announced today $5 billion in low-cost financing obtained through DASNY has been issued to help school districts and higher education, and not-for-profit institutions reduce costs through low-cost financing for the first nine months of the year.