NYS Awards $38 Million for Improvements at 33 Colleges

Governor Kathy Hochul announced $38 million in capital grants at 33 colleges and universities across New York State through the Higher Education Capital Matching Grant Program (HECap). These awards support projects that provide construction and renovation of new laboratory and research spaces, the purchase of new instructional technologies and equipment, and many other significant investments.

“New York’s colleges and universities are second to none, offering students unparalleled opportunities to learn, explore, and prepare to launch their careers,” Governor Hochul said. “With this funding, my administration is reaffirming our commitment to providing our students – including those at our private, not-for-profit institutions – with a top-tier, New York education with the best possible resources and facilities that will help them succeed inside and outside of the classroom.”

Campuses that receive grants are required to invest at least $3 of their own funds for every $1 of state funds they receive. When combined with the college’s matching funds into these projects, this round of funding will result in $152 million being invested in New York’s higher educational communities.

Selected award amounts include:

  • Long Island University (New York City): Construction of an Engineering Fabrication Laboratory, $1.3 million.
  • St. John’s University (New York City): Construction of a Basketball Practice Facility, $3 million.
  • Fordham University (New York City): Creation of the Fordham Road Community Center, $3 million.
  • Hamilton College (Clinton): Construction of the Hamilton Innovation Center, $3 million.
  • Rensselaer Polytechnic Institute (Troy): Renovation and Technology Upgrades to the Microelectronics Facilities, $1.9 million.
  • Syracuse University (Syracuse): Creation of the Quantum Technology Center, $3 million.
  • Rochester Institute of Technology (Rochester): Renovation of Electrical Infrastructure, $1.5 million.
  • Canisius University (Buffalo): Construction of a Student Success Center, $1 million.

The funds were awarded at the June 26 meeting of the HECap Board pursuant to a competitive application process. The three-member HECap Board includes one member chosen by the Speaker of the Assembly, one member chosen by the Temporary President of the Senate, and a third member chosen by the Governor. DASNY acts as staff to the HECap Board and administers the program. A full list of projects awarded funding is available on the DASNY website.

Since HECap’s inception in 2005, the State of New York has awarded $368.1 million in funding to 307 projects at colleges and universities across New York State. These awards have resulted in a total of $1.10 billion of investments since the beginning of the program.

The HECap Program awards matching capital grants to colleges for the design, acquisition, construction, reconstruction, rehabilitation or equipping of a facility on or near a college campus within the state, including critical academic facilities, economic development and/or high technology projects and urban renewal and/or historical preservation projects that would enhance the programmatic offerings or the student life at the college or provide economic development benefits to the area surrounding such college campus.

Editor

Recent Posts

MillerKnoll Opens Flagship Showroom in NYC

MillerKnoll, a global leader in design, is opening two new flagship locations in New York and…

2 days ago

Protege Raises $10 Million Seed Round

NEW YORK -- Protege announced a $10 million seed round and the launch of its AI training data…

2 days ago

SUNY Delhi Completes $37.9 Million in Renovations to Veterinary Hall

SUNY Delhi has announced the grand reopening of Farnsworth Hall after more than two years…

3 days ago

NBT Bancorp to Buy Evans for $236 Million

NORWICH, NY and WILLIAMSVILLE, NY -- NBT Bancorp Inc. has agreed to buy Evans Bancorp,…

3 days ago

Work of Heart Completes Nearly $1 Million Expansion for Child Care

Empire State Development (ESD) announced the completion of A Work of Heart's $979,437 childcare expansion…

3 days ago

Barnes & Noble Arrives in Syracuse Mall

SYRACUSE – Barnes & Noble has arrived at Syracuse's Destiny USA mall. The new Barnes…

3 days ago