BULLETIN
NO $1/2 BILLION
FOR OUR COUNTY
![It was a bittersweet tableau a few minutes ago at Mohawk Valley REDC official received an annual CFA allocation – but not the $1/2 billion hopes for from the governor's Upstate Revitalization Initiative.](https://www.allotsego.com/wp-content/uploads/2015/12/bitersweet-tableau.jpg)
ALBANY – The Cuomo Administration announced a few minutes ago that Otsego County’s economic development region won’t receive $1/2 billion from the Upstate Revitalization Initiative.
The Finger Lakes, Southern Tier, and Syracuse-centric Central NY Region will share the $1.5 billion.
The Mohawk Valley region was named a “top performer” among the REDCs and will receive $100.3 million in state economic-development funding, more than any of the first four years of the program.