As reported here in the September 15, 2019 issue of REVITALIZATION, the Peekskill Downtown Revitalization Initiative (DRI) is a $10 million investment by New York State to help boost downtown Peekskill’s local economy and promote a high quality of life. The goal of the DRI process is to identify key economic development opportunities and recommend projects for funding through the DRI program.
The initiative will accomplish its goals through a unique state-local partnership, using local input to achieve the community’s vision for downtown. The DRI plan may include a combination of public and private projects to help revitalize downtown. The Peekskill DRI Local Planning Committee (LPC) is seeking proposals from private entities for potential DRI projects.
The purpose of this Open Call for Project Proposals is to seek ideas from members of the community about potential transformational projects by private entities for the LPC to consider for DRI funding. DRI funding can be used to support private projects that provide economic and community benefits, and the LPC wants to ensure that any DRI funding for private projects is fully vetted, in an open, fair, and transparent process.
Submission of project proposals is open to the public. Projects will be selected by the LPC based on the criteria defined within this document. Please note that the inclusion of a project in the DRI Strategic Investment Plan does not guarantee funding through the Peekskill DRI Program. Projects recommended for funding by the LPC will ultimately be reviewed and selected by New York State.
Deadline for Project Proposal Submissions: December 6, 2019 at 4pm
Photo of Hudson River Valley near Peekskill courtesy of riverhouseinpeekskill.com.