Reflecting on 2017, Looking Towards Opportunities in 2018

Gerrard P. Bushell reflects on 2017
Gerrard P. Bushell reflects on 2017

The holiday season always provides moments to reflect on what has been accomplished throughout the year, as well as opportunities to look ahead to what is to come.

DASNY began 2017 by expanding its MWBE capacity and creating new opportunities for MWBEs by launching a surety bond training program, and selecting J.P. West, Inc. as its first MWBE firm as its broker of record for its general excess liability insurance program

In one day, DASNY’s Board approved $2.9 billion to fund projects statewide that are growing our economy and keeping New York State competitive. Those funds will also enable savings through refunding outstanding debt.

In 2017 DASNY provided more than $250 million in low-cost financing for not-for-profit health care providers, more than $890 million for private not-for-profit higher education institutions. These financings helped pave the way to support projects like the $16 million conversion of Bishop Hall at Buffalo State College

We are speeding residence hall delivery through the use of alternative delivery methods like design-build for the $21 million 256-bed residence hall at SUNY Brockport

We are increasing energy efficiency at CUNY’s campuses to the tune of $380 million. 

DASNY’s low-cost financing support extended beyond the SUNY and CUNY systems to help 54 school districts throughout New York State save $17 million in 2017.

We are also supporting tourism and growing economies in Western New York by completing upgrades to Niagara Falls State Park, part of Governor Cuomo’s $70 million revitalization effort. 

This work positions us to hit the ground running in 2018. I am excited about what the year has in store.