The Port of Albany secures a TIGER grant of over $17.6 million for expansion, and the future for project freight at the port has never looked brighter.
New York Senator Charles Schumer personally stumped hard for the Port of Albany’s TIGER (Transportation Investment Generating Economic Recovery) Grant application. The Port had applied for nearly $18 million in federal funding ($17,629,800 to be exact) as part of an overall project, aptly called ExPort Upstate New York, expected to cost $50 million. With an office in Albany (New York’s state capital), a stone’s throw away from the Hudson River, the Senator had a first hand view of what is at stake for the Port of Albany.
In 2014 and again in 2015, the Port of Albany had applied for a TIGER Grant and was disappointed. This time was different. In late July the Port received official word that the application had resulted in approval of the $17.6 million grant. Senator Charles E. Schumer said at the announcement of the successful TIGER Grant application, “The ship has come in for the Port of Albany and it is loaded with $17 million dollars in federal funds to expand and upgrade operations…”
It was indeed a bright day as Rich Hendricks, general manager of the Albany Port District Commission (APDC), which runs the Port, explained not only did they secure the funding but it is the largest grant given in this round to any port in the United States.
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