Monticello, Thompson and Sullivan County residents are invited to contribute ideas to the Town and Village’s joint application competing for a $10 million grant from New York State’s Downtown Revitalization Initiative (DRI).
After a hiatus in 2020, the DRI program is returning for a fifth round. This year, the Mid-Hudson Regional Economic Development Council (MHREDC) has $20 million to award to downtowns in the seven-county mid-Hudson region to help fund projects that will make them more vibrant places to live, work and play. It may award the whole amount to a single community, or make two $10 million grants. Previous competitions awarded $10 million grants to Middletown, Kingston, New Rochelle and Peekskill.
Another change to the program this year is that two municipalities with a contiguous downtown can apply together. Thompson is joining Monticello to apply for funding to improve the downtown corridor that encompasses all of Broadway — including East Broadway, where Exit 106 connects the downtown with the Resorts World complex, and West Broadway, where 170 new townhouse units are under construction. This area was the focus of the joint Thompson-Monticello Grow the Gateways Strategic Economic Development Plan which both communities adopted in 2018 as an addendum and update to their shared Comprehensive Plan.
Communities competing for the 2021 DRI are required to show public support for downtown projects, which is why the September 9th meeting is being held. Participants will learn about new housing, commercial and recreational projects now being built or planned in downtown Monticello. They will also be asked for their opinions on what is being proposed, and to provide their own ideas about what’s needed. A strong showing will help the application be more competitive.
Bagelfest goers had the opportunity to weigh in on what they would like a $10 million grant to address in the downtown. Nearly 200 stopped by a table where they were offered three pompons to place in jars representing Public Art, Housing Opportunities, Filling Vacant Storefronts, Fixing Downtown Parking Lots, and Recreational Opportunities. Color coded to reflect the interest of different age groups, most support went toward providing recreational opportunities and filling vacant storefronts. People adding comments said they wanted the downtown to have higher quality food stores, a variety of medical practitioners, co-working space, a movie theater, and a tutoring center. Recreational needs included playgrounds a YMCA, teen rec center, skate park, dog park, jogging trail, splash pad, and senior game facilities.