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Governor Hochul Announces Over $43 Million in Community Investment Funding for Central New York as Part of Historic Partnership ...
Governor Kathy Hochul today announced that Micron has awarded nearly $35 million in community investments for Central New York as part of its broader
About this update from Micron Technology, Inc.
[{"type":"text","content":" Governor Kathy Hochul today announced that Micron has awarded nearly $35 million in community investments for Central New York as part of its broader agreement to establish the largest semiconductor manufacturing facility in the United States in New York. Additionally, the state is providing $8.5 million for initiatives and programs that will strengthen housing, workforce development, job training and creation, and economic growth within the region in preparation for the Micron project. These awards represent the first grants awarded from the historic $500 million Green CHIPS Community Investment Fund. Forged by Governor Hochul as a core component of Micron’s participation in the Green CHIPS program, this fund ensures that the region’s growth translates directly into housing, workforce development, and job training for all Central New Yorkers. The announcement sets the stage for Micron Technology’s CNY Community Week, running from March 27 to April 3. “Micron's investment in Central New York is a game changer and will bring tremendous growth to the region and the state,” Governor Hochul said. “I created the Green CHIPS program to guarantee that the surrounding communities will benefit from these large scale advanced manufacturing projects. Today's announcement represents concrete evidence that our partnership with Micron and our local stakeholders will ensure that New Yorkers get the greatest benefit from this once in a lifetime, extraordinary opportunity.” Micron’s investments include a $30 million contribution to the recently announced $150 million Housing CNY Fund and another $5.55 million that will finance six Community Investment Fund programs including:*- $2,200,000 for a pilot program with the Central New York Regional Transportation Authority (Centro) to create a new public bus route from Syracuse to Clay, increasing access to job opportunities and reducing traffic impacts in the area $1,100,000 to Onondaga Community College to fund the Pre-College Semiconductor Summer Program for high school students $1,000,000 to SUNY Oswego to support STEM educators, providing professional development and STEM resources that are industry-connected and aligned to evolving STEM pathways $750,000 to Jefferson Community College to scale Mechatronics curriculum, providing pathways for Fort Drum veterans and military-connected learners to ...