Governor Andrew M. Cuomo today announced that the Dormitory Authority of the State of New York has issued approximately $482.4 million in low-cost, tax-exempt bonds on behalf of 54 school districts across the state as school districts prepare to welcome students back to school. The issuance is part of DASNY's School Districts Revenue Bond Financing Program, which provides public school districts across the state with an efficient financing alternative. Projects benefitting from the issuance include but are not limited to: fire, security, and air quality systems upgrades; interior and exterior renovations at numerous facilities including several classroom additions; athletic field improvements; and technology updates to promote innovation and collaboration.
DASNY Press Releases
Governor Andrew M. Cuomo today announced $187 million in funding to support 25 statewide projects that will protect and transform New York State's health care system. This funding from the Statewide Health Care Facility Transformation Program will improve patient care through the development of high-quality medical facilities and programs serving the inpatient, primary care, mental health, substance use disorder and long-term care needs of communities throughout the State.
Governor Andrew M. Cuomo today announced $21.3 million in grants for capital projects at 35 colleges and universities across New York. The funding comes from the Higher Education Capital Matching Grant Program and is awarded by the HECap Board, which provides matching grants to private, not-for-profit colleges and universities for projects that create construction jobs and drive investment in communities across the state.
Governor Cuomo today signed into law S.6575/A.8414, which reauthorizes the Minority and Women Owned Business Enterprises (MWBE) program for five more years to ensure ongoing and meaningful participation of MWBEs in contracted State projects. The reauthorization of the law includes enhancements that will enable even more MWBEs to participate in and benefit from the program.
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of New York (DASNY) announced today DASNY and the State University of New York (SUNY) have begun work to renovate SUNY Oneonta’s Huntington Hall. The project budget is $20 million.
Albany, NY – Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today DASNY and United Health Services Hospitals, Inc. (UHSH) of Binghamton closed on a $10.1 million Tax-Exempt Equipment Lease Program (TELP) transaction.
Governor Andrew M. Cuomo today hosted the first meeting of community leaders and the Lake Ontario Resiliency and Economic Development Initiative, or REDI, commission where he announced up to $300 million in funding available for communities impacted by Lake Ontario flooding.
Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today Catholic Health System, Inc. issued more than $180 million in bonds through DASNY, in a financing led by Bank of America, Merrill Lynch.
The Dormitory Authority of New York (DASNY) and the State University of New York (SUNY), today announced a $16.6 million renovation project at SUNY Plattsburgh. The work now underway includes a renovation of the college's Kent Hall.
Governor Andrew M. Cuomo today announced the first new State University of New York zero-net, carbon-certified residence hall on campus. SUNY, in partnership with the Dormitory Authority of the State of New York, will begin construction of the $33.5 million, 257-bed, residence hall project at SUNY Polytechnic Institute's Utica Campus. It is expected to be open for student residents by August 2020.