Gov. Andrew Cuomo announced a proposal to open the Dormitory Authority of the State of New York’s (DASNY) low-cost financing, design and construction services to all non-profits and school districts as part of the governor’s 2021 State of the State agenda.
Through this program, nonprofit organizations and school districts can access the Dormitory Authority of the State of New York’s services for needed capital improvements at lower costs during the COVID-19 state of emergency.
Importantly, DASNY also would be authorized to assist with providing finance for working capital needs, a service which can be costly for these types of entities.
Already, DASNY has financed and built an array of critical community projects from residence halls at SUNY Brockport and SUNY Polytechnic Institute in Utica to energy performance projects that save their clients and taxpayers money over the long-term.