February 2023

ALBANY—New York State will be providing a total of $658 million to support 127 projects that will protect and transform New York State’s health care delivery system, it was announced on Feb. 15. Included in the Statewide Health Care Facility Transformation Program funding package are 17 projects totaling $83.6 million for Mid-Hudson health care institutions for capital projects or assistance in the restructuring of debt.

Meet new CIC board members Kristina Benza, Samuel R. Etre, Jeffrey Manganello, Giulio Monaco, Jr., and Mark Servidone.

WASHINGTON—On Jan. 31, President Biden and Transportation Sec. Pete Buttigieg announced that the Biden-Harris Administration had awarded nearly $1.2 billion from the new National Infrastructure Project Assistance (Mega) discretionary grant program for nine projects across the country.

HAMILTON, NJ—Total construction starts fell 27% in January to a seasonally adjusted annual rate of $865.6 billion, according to a report released on Feb. 22 by Dodge Construction Network. During the month, nonresidential building starts fell 38%, residential starts lost 20%, and nonbuilding starts declined by 16%.

A roundup of what’s new and who’s in the news both locally and in the state.

ALBANY—New York State officials announced on Feb. 9, $40.3 million in financial assistance for water infrastructure improvement projects, including the first drinking water project in New York State to receive infrastructure funding under the Bipartisan Infrastructure Law in Albany. The Environmental Facilities Corporation Board of Directors approved low-cost financing and previously announced grants, authorizing municipal access to the capital needed to get shovels in the ground for vital drinking water and sewer projects that reduce potential risks to public health and the environment.