The ten projects formally advanced by the LPC will be included in a Strategic Investment Plan to be evaluated by state agencies for alignment with state and local goals, project readiness, catalytic effect, secondary benefits, and cost-effectiveness. Once the State has chosen the final projects, NY State staff will work with project sponsors to execute project agreements and manage DRI contracts.
Finally, the Village will begin project implementation. DRI Funding will be assigned in order to advance the most transformative projects from the Strategic Investment Plan. Additional projects that were not chosen are now on the Village’s radar, and may be considered for implementation through a CFA grant or other funding sources.
"Leveraging our past studies, reimagining Ossining’s downtown, and engaging hundreds of people from our community over the past six months has been an amazing journey in creating the ten selected high-priority initiatives," said Mayor Rika Levin. "These initiatives will be transformative for our village and will touch the lives of our residents and businesses. I am excited to see which key projects will be chosen by the State.”
“The Village of Ossining’s Strategic Investment Plan, which will align with New York State’s objectives, will be directly correlated with opportunities for Westchester County’s regional economic growth,” said Dr. Marsha Gordon. “With growth comes opportunity – and with new opportunities, a community can retain and expand existing businesses while cultivating exciting new ventures and creating jobs that would otherwise have gone elsewhere.”