Green Innovations

Developing renewable and clean technology companies in New York

Friday, November 19, 2010

NYPA to invest heavily in Niagara County

With strong feelings of discontent for the inconveniences that The New York Power Authority's (NYPA) Niagara Power Project has laid upon the citizens of Niagara County, NYPA is in the finalization process of an aid package that has the potential to grant over $100 million for large scale economic development projects throughout the county. Although the scale of the package has not been officially released NYPA President and CEO Richard Kessel has compared it to the sum that Buffalo received for the development of the Erie Canal Harbor/downtown waterfront which totaled $105 million.

The aid package, entitled The Niagara Initiative, is expected to fund development projects in the realms of infrastructure, capital, parks, greenways and facilities which have been submitted by Niagara County and its municipalities earlier this year. Still reviewing such proposals, NYPA plans on announcing those selected either later this month or early December.

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