Development Chenango/City of Norwich Awarded 10-Million-Dollar Downtown Revitalization Initiative (DRI) Grant
The Southern Tier Regional Economic Development Council (STREDC) has awarded the City of Norwich a 10-Million-Dollar grant for the revitalization of downtown Norwich. Led by the Development Chenango Corporation (DCC), the Chenango County Economic Development Agency, and part of Commerce Chenango, Inc., the DRI will expand and leverage the City of Norwich and work to help create an inclusive and sustainable downtown environment that works for residents, businesses, traveling professionals, tourists, and students.
We will now begin the process of developing a Strategic Investment Plan to revitalize its downtown with up to $300,000 in planning funds from the $10 million DRI grant. A Local Planning Committee made up of municipal representatives, community leaders, and other stakeholders will lead the effort, supported by a team of private-sector experts and state planners. The Strategic Investment Plan will examine local assets and opportunities and identify economic development, transportation, housing, and community projects that align with the community’s vision for downtown revitalization and that are poised for implementation.
Read the full Commerce Chenango press release HERE, see the complete DRI application HERE, and for more information on the award click HERE.
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