economic development agency

Joseph Spector - Politics on the Hudson

A review of New York state's main economic development agency says it needs to do more to evaluate whether its programs are helping the economy.

New York Governor Andrew Cuomo is pitching a competition that would pit seven upstate regions against each other for a chance to win $1.5 billion in economic development money. Cuomo's plan, if approved by lawmakers, would have the seven regionsĀ  submit economic proposals by July 1.

Two Democratic New York congressional representatives say funding is going toward job creation in the Hudson Valley.

Rhode Island Governor Lincoln Chafee has tapped three new leaders for the state's Economic Development Corp. to replace board members who resigned following questions about state support of Curt Schilling's troubled video game company.

Chafee on Thursday nominated Marcia Blount, Pablo Rodriguez and Alison Vareika to the EDC board. The appointments are subject to Senate confirmation.

The nominees would replace Helena Foulkes, Lynn Singleton and Stephen Lane, who recently resigned.