According to a press release from the office of Assemblyman Fred Thiele, the Long Island Regional Economic Development Council has designated seven priority projects for funding under the state’s Regional Economic Development Initiative that are on the East End, including almost $3 million for Riverhead’s Downtown Revitalization Project.
“After the eighth round of the REDC process, more than $300 million in state funds have been awarded to 791 projects producing a total investment of over $3.6 billion. This effort is projected to create or save more than 33,000 jobs,” states the release. Forty-one of the priority projects were on Long Island, including $300,000 for Amagansett Food Institute (East End Food Hub); $315,719 for Town of Southampton (Shinnecock Commercial Dock Rehab); $2,750,000 for the Town of Riverhead (Riverhead Downtown Revitalization); $500,000 for an arts academy in expanded space at the Westhampton Beach Performing Arts Center; $776,000 for the Long Island Science Center to expand its Riverhead facilities; $219,516 to the Peconic Land Trust for its East Moriches Aquaculture project; and $125,400 for the Montauk Historical Society, to aid in further restoration on the historic Montauk Lighthouse.
Grant award winners will be announced in Albany by the Governor in early December.