05/13/2026 | Press release | Distributed by Public on 05/13/2026 15:31
Governor Kathy Hochul today announced that Village of Valley Stream will receive $10 million in funding as the Long Island winner of the ninth round of the Downtown Revitalization Initiative (DRI), and the Village of Patchogue will receive $4.5 million as the Long Island winner of the fourth round of NY Forward. For Round 9 of the DRI and Round 4 of the NY Forward Program, each of the State's 10 economic development regions is being awarded $10 million from each program, for a total state commitment of $200 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods. To date, total investments in the DRI and NY Forward have reached $1.4 billion.
"Downtowns and Main Streets are powerhouses for localities, and any investments toward them shape the business and recreational scene for residents and visitors - that's why the Downtown Revitalization Initiative and NY Forward programs are so impactful," Governor Hochul said. "These transformational projects in Valley Stream and Patchogue are a commitment to Long Island's future, where we will secure walkable downtowns, affordable housing, support for the arts and so much more. I'll always keep fighting for Long Island."
To receive funding from either the DRI or NY Forward program, localities must be certified under Governor Hochul's Pro-Housing Communities Program, which recognizes and rewards municipalities actively working to unlock their housing potential and encourages others to follow suit. After becoming certified, localities have exclusive access to up to $750 million in discretionary state funding, including DRI and NY Forward. Since the launch of the Pro-Housing Communities Program, funds awarded to Pro-Housing Communities throughout the state have supported up to 20,000 more homes. To date, more than 410 communities across New York have been certified, including the Village of Valley Stream and the Village of Patchogue.
Many of the projects funded through the DRI and NY Forward support Governor Hochul's affordability agenda. The DRI has invested in the creation of more than 5,000 units of housing - more than 2,000 of which (40 percent) are affordable or workforce housing. The programs committed $9 million to 12 projects that provide affordable or free childcare and childcare worker training. The DRI and NY Forward have also invested in the creation of public parks, public art - such as murals and sculptures - and art, music and cultural venues that provide free outdoor recreation and entertainment opportunities.
$10 Million Downtown Revitalization Initiative Award for the Village of Valley Stream
The Village of Valley Stream's "International Downtown" stands as a bold vision for the future of Long Island - where diversity, connectivity and opportunity converge in a vibrant, transit-oriented community. As one of the region's most diverse municipalities, Valley Stream is redefining what a modern downtown can be: walkable, compact and welcoming to residents and visitors of all backgrounds, ages and stages of life. Strategically located near JFK International Airport, Belmont Park and major transit connections, including the LIRR, Valley Stream serves as a true gateway to Long Island's South Shore. Its bustling Rockaway Avenue corridor and thriving mixed-use center around the train station anchor a downtown rich with local businesses, global cuisine and essential services, which are all supported by ongoing investments in housing, infrastructure and public space. Now, with the DRI, Valley Stream will be able to advance transformative projects that will shape its next chapter. Surrounded by an interconnected network of parks and trails and driven by a deep commitment to inclusivity and community engagement, Valley Stream is emerging as a dynamic hub of culture, commerce and quality of life, which is poised to lead the way in Long Island's continued growth and revitalization.
$4.5 Million NY Forward Award for the Village of Patchogue
Founded in 1812 along the shores of the Great South Bay, the Village of Patchogue has evolved from an historic maritime hub into one of Long Island's most dynamic and walkable downtown communities. Once known as "Mill Town" for its thriving shipbuilding and industrial past, Patchogue's modern renaissance has been defined by strategic reinvestment, beginning with the transformation of the Patchogue Theatre for the Performing Arts into a cultural anchor that now draws more than 100,000 visitors each year. Building on this momentum, decades of public and private investment have introduced new housing, arts spaces and small businesses, creating a lively Main Street and a growing reputation as a regional destination for culture, dining and events. Today, Patchogue stands as a model for smart growth, where a compact downtown supports a diverse mix of housing, jobs and recreation within a connected, accessible environment. With this investment from NY Forward, Patchogue will be able to extend its revitalization beyond Main Street, strengthening connections to the waterfront, enhancing public spaces and ensuring its future as a bustling, resilient and welcoming community for generations to come.
The Village of Valley Stream joins Hempstead, Smithtown-Kings Park, Huntington Station, Amityville, Baldwin, Central Islip, Hicksville and Westbury as winners of the DRI for Long Island, while the Village of Patchogue joins Farmingdale, Mineola, North Bellport, Long Beach and Lindenhurst as NY Forward winners for Long Island.
New York Secretary of State Walter T. Mosley said, "Across Long Island, we've seen how the Downtown Revitalization Initiative and NY Forward programs help communities build momentum and spark new possibilities. With this investment, the Villages of Valley Stream and Patchogue can begin shaping a vision that reflects the community's desired goals for their downtown and its future growth. Thanks to Governor Hochul for her continued support of these great programs, and congratulations to both communities and look forward to working together in this next phase."
Empire State Development President, CEO, and Commissioner Hope Knight said, "Through the Downtown Revitalization Initiative and NY Forward, we are partnering with communities like Valley Stream and Patchogue to turn local priorities into lasting progress. These investments will support locally driven visions that strengthen small businesses, expand housing opportunities and enhance public spaces - ensuring Long Island remains a dynamic place to live, work and visit."
New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, "Through the Downtown Revitalization Initiative and NY Forward, we are helping communities across Long Island turn bold local visions into real, lasting progress. In Valley Stream and Patchogue, this $14.5 million investment will unlock new opportunities to create housing, support small businesses and strengthen vibrant, transit-connected downtowns that reflect the diversity and energy of these communities. By linking these resources to our Pro-Housing Communities Program, we are ensuring that growth goes hand in hand with expanding housing supply and affordability. Together, these efforts are building stronger, more resilient communities where people can live, work and thrive for generations to come."
New York State Energy Research and Development Authority President and CEO Doreen M. Harris said, "New York State is transforming downtowns into vibrant, environmentally friendly hubs that strengthen local economies and improve quality of life for residents. By integrating modern features and infrastructure into these updated spaces across Long Island, we are advancing a more sustainable, resilient, and healthy future for communities across the region."
Empire State Development Board Chair Kevin Law said, "Long Island's economic future is rooted in strong, connected downtowns, and Valley Stream and Patchogue are communities ready to seize that opportunity. This investment reflects Governor Hochul's commitment to growing every corner of the state - and it will generate a real, lasting impact on Long Island families, small businesses, and the region."
Long Island Regional Economic Development Council Co-Chairs Linda Armyn and Dr. Kimberly R. Cline said, "These awards reflect the strength of Long Island's communities and the thoughtfulness of their vision for the future. Valley Stream and Patchogue each bring a compelling, community-grounded plan for growth - one centered on diversity and transit access, the other on culture and waterfront connection. The Long Island Regional Economic Development Council is proud to support projects that create opportunity, strengthen small businesses and improve quality of life."
The Long Island Regional Economic Development Council conducted a thorough and competitive review process of proposals submitted from communities throughout the region and considered all criteria before recommending these communities as nominees.
State Senator Dean Murray said, "Patchogue Village has become a model for revitalization not just on Long Island, but across New York State, and this $4.5 million dollar NY Forward grant is a tremendous investment in its future. The 'Storefront to Shorefront' project will strengthen the connection between Patchogue's thriving community and its beautiful waterfront, creating new opportunities for residents, visitors, and local businesses alike. Patchogue's transformation has been remarkable, and this exciting next step will continue the Village's growth and success for years to come."
Assemblymember Michaelle Solages said, "This $10 million investment in Valley Stream is exactly for what DRI was originally established. Valley Stream is the gateway to Long Island: a diverse community filled with families and small businesses who will benefit from this initiative. Through this funding, we will build a more walkable, connected community while supporting local economic growth and ensuring our beloved village receives the updated infrastructure that it deserves. This funding will go a long way to keeping Valley Stream a neighborhood that residents can be proud of for generations to come. I thank Governor Hochul for this timely and well-considered investment."
Assemblymember Judy Griffin said, "I am truly grateful that the Village of Valley Stream will be awarded $10 million as the well-deserved winner of the Long Island Downtown Revitalization Initiative, and I applaud the dedicated and determined efforts by all involved in achieving this milestone. Congratulations Mayor Fare, residents, and business owners! This will be a game-changer for this over 100 year old village and I am proud to have played a role in bringing it to fruition. I am excited to see the many ways this vibrant community and downtown village hub will be enhanced. Already a well-planned and attractive residential, business, recreational and commuter community, Valley Stream will further become a dynamic destination for shoppers, diners, and patrons - offering new employment and residential opportunities. Thank you, Governor Hochul, for shining a light on the welcoming Village of Valley Stream."
Village of Patchogue Mayor Paul Pontieri said, "Success is built on partnerships and Governor Hochul has been a dedicated partner to the Village of Patchogue since she first walked our streets years ago. With this 'Storefront to Shorefront' grant, we are finally bridging the gap between our vibrant downtown and our beautiful waterfront. This funding allows us to expand recreation, improve walkability, and ensure that as our Village grows, our residents' quality of life remains on top priority. Thank you, Governor Hochul, for being the dedicated advocate our community deserves."
Village of Valley Stream Trustee Kevin Waszak said, "On behalf of the Village of Valley Stream, I want to thank Governor Hochul for this transformational investment in our downtown and our future. This $10 million DRI award will help us create a more vibrant, connected and welcoming community for residents, businesses, commuters and future generations."
Long Island Association Acting President & CEO Stacey Sikes said, "Our downtowns and its small businesses are the lifeblood of Long Island's economy, and the Long Island Association thanks Governor Hochul for her commitment to ensuring the vibrancy of our local communities and the success of the businesses that drive them. We appreciate the collaboration of officials at all levels of government to support these critical investments in Valley Stream and Patchogue."
Vision Long Island Executive Director Eric Alexander said, "Special thanks to Governor Hochul for continuing the NYS DRI and NY Forward programs to bring resources to Long Island's downtowns.The Village of Valley Stream has been working on revitalization of Rockaway Avenue and supported transit oriented development housing for many years and has tremendous opportunities to expand its diverse business base, arts, pedestrian safety and housing. This grant funding can help realize goals from residents and business owners for their business district we have heard in recent years."
Nassau County Legislator Cynthia Nunez said, "Governor Hochul continues to deliver real investments for Long Island communities, and I'm pleased to see the Village of Valley Stream receive this transformative $10 million Downtown Revitalization Initiative award to help create a safer, more vibrant, and more walkable downtown for residents, commuters, and local businesses."
Valley Stream and Patchogue will now begin the process of developing a Strategic Investment Plan to revitalize their downtowns. A Local Planning Committee made up of municipal representatives, community leaders and other stakeholders will lead the effort, supported by a team of private sector experts and state planners. The Strategic Investment Plan will guide the investment of DRI and NY Forward grant funds in revitalization projects that are poised for implementation, will advance the community's vision for their downtown and that can leverage and expand upon the state's investment.
About the Downtown Revitalization Initiative
The Downtown Revitalization Initiative was created in 2016 to accelerate and expand the revitalization of downtowns and neighborhoods in all ten regions of the state to serve as centers of activity and catalysts for investment. Led by the Department of State with assistance from Empire State Development, Homes and Community Renewal and NYSERDA, the DRI represents an unprecedented and innovative "plan-then-act" strategy that couples strategic planning with immediate implementation and results in compact, walkable downtowns that are a key ingredient to helping New York State rebuild its economy from the effects of the COVID-19 pandemic, as well as to achieving the State's bold climate goals by promoting the use of public transit and reducing dependence on private vehicles. Through nine rounds, the DRI will have awarded a total of $1 billion to 99 communities across every region of the State. The Governor has proposed another $100 million for the program in her 2026-27 Executive Budget.
About the NY Forward Program
First announced as part of the 2022 Budget, Governor Hochul created the NY Forward program to build on the momentum created by the DRI. The program works in concert with the DRI to accelerate and expand the revitalization of smaller and rural downtowns throughout the State so that all communities can benefit from the State's revitalization efforts, regardless of size, character, needs and challenges.
NY Forward communities are supported by a professional planning consultant and team of State agency experts led by DOS to develop a Strategic Investment Plan that includes a slate of transformative, complementary and readily implementable projects. NY Forward projects are appropriately scaled to the size of each community; projects may include building renovation and redevelopment, new construction or creation of new or improved public spaces and other projects that enhance specific cultural and historical qualities that define and distinguish the small-town charm that defines these municipalities. Through four rounds, the NY Forward program will have awarded a total of $340 million to 77 communities across every region of the State. The Governor has proposed another $100 million for the program in her 2026-27 Executive Budget.