Press Release

Schumer, Gillibrand Announce Key Senate Panel Approves $8 Million for Capital Region

Sep 10, 2009

Washington, D.C. – U.S. Senators Charles E.
Schumer and Kirsten Gillibrand today announced the Senate
Appropriations Committee approved $8 million for the Arsenal Business
& Technology Partnership’s Arsenal Support Initiative in
Watervliet. Senators Schumer and Gillibrand aggressively lobbied
members of the Appropriations Committee to include funding for these
projects in this year’s spending bill.

“This is terrific news for the Watervliet,”
said Schumer.  “This funding is a win-win because it will help attract
new businesses to the area and deliver good paying jobs.”

is a great investment for the Capital Region,” Senator Gillibrand said.
“These federal dollars will help redevelop unused military arsenal
facilities to attract new businesses to the Capital Region, create new
jobs and help rebuild our economy.  I will continue working with
Senator Schumer to make sure New York gets its fair share from the
federal government.”

The Arsenal Business & Technology
Partnership would receive $8 million for its Arsenal Support Program
Initiative. The federal investment will help support building
renovations, site planning, job training and marketing programs to help
attract new businesses to underused Army arsenals in Watervliet.

Today, the Appropriations Bill for the
Department of Defense passed the full committee. The legislation will
head to the floor for a full vote before the Senate. The bill will then
proceed to the House-Senate Conference Committee, before final passage
in both chambers, and sent to the President to become law.