The village of Penn Yan was awarded a 10-MILLION dollar Downtown Revitalization Initiative grant Friday. Mayor Leigh MacKerchar says this is great news for all.
MacKerChar had high praise for Steve Griffin, the CEO of the Finger Lakes Economic Development Center, who was instrumental in getting this funding.
Penn Yan was selected following a competitive process conducted by the Finger Lakes Regional Economic Development Council (REDC). The award provides up to $300,000 in planning funds to allow private-sector experts to collaborate with a local planning committee in the drafting of a Strategic Investment Plan identifying specific economic development, transportation, and housing and community projects. Plans are expected to be completed by early next year