SYRACUSE, N.Y. — The state-budget proposal includes funding for Onondaga Community College (OCC), a “New 15th Ward” public-housing project, and workforce-development initiatives.
Gov. Kathy Hochul on Monday provided details of key proposals from her fiscal year 2024 state-budget proposal to “grow jobs and boost the economy” in Central New York, her office said.
Hochul spoke during an appearance at the Marriott Syracuse Downtown hotel at 100 E. Onondaga St.
In line with the governor’s 2023 State of the State address, the budget includes significant funding to “increase housing supply and expand economic opportunity and innovation in the region,” Hochul’s office said in a news release about the Central New York projects.
The proposal includes $36 million for Onondaga Community College, $11 million for local workforce and economic-development initiatives, $10 million for the “New 15th Ward” public-housing project, and $26 million for the State Fair and local parks.
Hochul also announced $45 million for GO SEMI: Governor’s Office of Semiconductor Expansion, Management and Integration.
GO SEMI will provide administrative and operational support for Micron Technology (NASDAQ: MU) during its $100 billion investment for a new semiconductor campus in the town of Clay and lead a broader effort to develop New York’s semiconductor industry.
“With new, deeper commitments to housing, education, and economic development, our budget will build on Micron’s investment to create opportunity for even more New Yorkers, and I look forward to working with local leaders to make this vision for Central New York a reality,” Hochul said.