DASNY Press Releases

Third Round of Veterans’ Nonprofit Capital Program Awards, With $1 Million State Investment To Fund Critical Infrastructure Improvements

Governor Kathy Hochul today announced $1 million in grants to 16 veterans organizations across New York State through the third round of the Veterans’ Nonprofit Capital Program. These grants will support capital improvements to facilities that serve the state's veterans, service members and their families.

Governor Kathy Hochul, New York City Mayor Eric Adams and New York City Housing Authority (NYCHA) CEO Lisa Bova-Hiatt today announced the completion of 125 elevator replacements, 17 heating system upgrades, and 36 building facade renovations, benefitting 38,974 NYCHA residents at 24 developments across the five boroughs, made possible by $1.2 billion in funding that has been provided by the State of New York through the Dormitory Authority of the State of New York (DASNY). Additionally, State capital funding is also supporting an additional 126 elevator replacements, 105 heating systems upgrades, and 29 building facade renovations all currently under construction, and an additional 172 elevator replacements and 59 building facade renovations in design and procurement. In total, these capital investments are expected to benefit nearly 123,000 residents across 75 developments. As part of the FY25 and FY26 budgets, Governor Hochul allocated an additional $365 million to NYCHA, bringing the total state capital funding allocation to $1.6 billion since 2019.

Governor Kathy Hochul today celebrated the completion of the $25 million rehabilitation of the historic Lincoln Park Pool in Albany, made possible through $10 million in support from the Governor’s innovative New York Statewide Investment In More Swimming (NY SWIMS) initiative that expands access to safe swimming, addresses equity gaps by providing recreational opportunities and supports communities across the state with resources to combat extreme heat. This newly transformed facility restores a vital community asset in Albany’s South End that has served families since 1930, bringing modern amenities and full accessibility to the neighborhood. Governor Hochul’s NY SWIMS initiative awarded $150 million in 2024 to 37 pool projects across New York State, including more than $28 million to five pools in the Capital Region. NY SWIMS is the largest investment in swimming infrastructure since the New Deal.

Governor Kathy Hochul today broke ground on a new $5.8 million aquatic center at Knickerbacker Park in Troy, made possible through her historic NY SWIMS initiative. The new facility will replace the previous pool that closed in 2016 due to age and major structural issues, restoring swimming access to Troy residents after an eight-year gap. The project is part of Governor Hochul's NY SWIMS initiative, which awarded $150 million in 2024 to 37 pool projects across New York State, the largest investment in swimming infrastructure since the New Deal.

ALBANY, NY – The Dormitory Authority of the State of New York (DASNY) closed on the $134,185,000 Series 2025 bond issuance for the Board of Cooperative Educational Services of the Sole Supervisory District of Orange and Ulster Counties (Orange-Ulster BOCES) to complete the organization's comprehensive capital improvement program at two educational campuses.

ALBANY, NY – The Dormitory Authority of the State of New York (DASNY) today closed on a $2.180 billion bond issuance for New York University that will finance capital projects across the university's facilities while generating savings through strategic debt refinancing.

The Dormitory Authority of the State of New York (DASNY) today closed on a $74.8 million bond issuance for Iona University that will finance capital projects adding up to 170 new student beds, creating a 2.44-acre green space and upgrading academic and athletic facilities across the university's New Rochelle and Bronxville campuses. The proceeds will also be used to refinance existing debt.

La gobernadora Kathy Hochul anunció hoy la disponibilidad de fondos del nuevo programa de subvenciones de capital de $100 millones para la Construcción de Infraestructura Recreativa para Comunidades, Niños y Personas Mayores (NY BRICKS). La gobernadora Hochul obtuvo estos fondos en el Presupuesto Aprobado del Año Fiscal 2026 para apoyar a municipios y organizaciones sin fines de lucro en la construcción o renovación de centros comunitarios que promuevan la salud física, el bienestar mental y las conexiones comunitarias para jóvenes y adultos mayores. NY BRICKS ofrecerá subvenciones de hasta $15 millones para financiar el diseño, la construcción, la renovación y la adquisición de terrenos para estos centros. Se dará prioridad a proyectos en comunidades marginadas, así como a aquellos que ofrecen servicios asequibles como cuidado infantil, cuidado de personas mayores y consejería en salud mental. El programa busca realizar inversiones transformadoras y de alto impacto en las comunidades locales. Este anuncio se suma a la iniciativa "Desconecta y Juega" de la gobernadora Hochul para que los niños dejen de usar sus teléfonos mediante la financiación de parques infantiles, centros comunitarios, programas deportivos asequibles y oportunidades recreativas.

Governor Kathy Hochul today announced that funding is available from the new $100 million Building Recreational Infrastructure for Communities, Kids and Seniors (NY BRICKS) capital grant program. Governor Hochul secured this funding in the FY 2026 Enacted Budget to support municipalities and nonprofit organizations in building or renovating community centers that promote physical health, mental well-being, and community connections for youth and older adults. NY BRICKS will offer grants of up to $15 million to fund design, construction, renovation, and land acquisition for these centers. Priority will be given to projects in underserved communities, as well as those offering affordable services like childcare, eldercare, and mental health counseling. The program aims to make transformative, high-impact investments in local communities.

ALBANY, NY – Dormitory Authority of the State of New York (DASNY) President and CEO Robert J. Rodriguez made his first visit to Port Chester, meeting with village officials and touring community development projects that aim to create more affordable housing and enhance quality of life for residents. The village-hosted tour included the planned Village Hall Gym revitalization site, downtown buildings under construction for residential conversion, and portions of The Loop pedestrian connectivity project.