China News Service, March 9. According to the US "Overseas Chinese News" report, Mark Levine, the mayor of Manhattan, New York, and Chen Zuozhou, the executive director of the Chinatown Common Development Agency, recently announced a $20 million "Chinatown Downtown Revitalization Plan". "(Chinatown Downtown Revitalization Initiative) is open to the public for project proposals.
New York Governor Hochuer announced on November 10, 2021 that Manhattan's Chinatown became the target of the fifth round of the "Downtown Revitalization Initiative" and will receive $20 million in funding to promote the post-COVID-19 pandemic economic recovery.
According to the regulations, the "Chinatown Downtown Revitalization Plan" project proposal must meet the following conditions: first, it is a capital construction project, such as real estate development or renovation, or is aimed at improving public space; second, it must have A sponsor who is responsible for leading the planning and implementation of the project and has the ability to pay the project costs before the “Chinatown Downtown Revitalization Plan” is allocated; thirdly, there is a clear project scope and budget; Have ownership or control, and have any necessary support from private companies or government agencies; fifth, ensure that the project has all the required funds after the application for the "Chinatown Downtown Revitalization Plan" is approved; sixth, must Breaking ground in 2 years.
The "Chinatown Downtown Revitalization Plan" project public solicitation is based on New York State's "Downtown Revitalization Plan", and the Chinatown DRI Local Planning Committee will be responsible for evaluating the project proposal and making Make a recommendation to the state.
In addition to this open call for project proposals, details of the Downtown Revitalization Initiative Strategic Investment Plan will be communicated to the Chinatown community in the coming months.
(Zhang Jing)