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Peekskill agencies begin revising financial-assistance application to prepare for more pilots and redevelopment proposals

Peekskill Industrial Development Agency (PIDA) / PFDC / PLDC · July 22, 2025
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Summary

Staff shared a draft revised application and said a small working committee (Deborah and Rohan) will review changes to fees, material commitments, and pilot program terms as several redevelopment parcels may prompt multiple assistance requests.

Matthew reported staff have circulated a draft revision of the application for financial assistance and proposed that a small working committee (Deborah and Rohan) meet with staff to refine the form and fee schedule.

He said the agencies are approaching “a new phase” as multiple redevelopment parcels and DRI/momentum grant work may prompt three or four projects seeking assistance, and the revised form aims to make the application easier to use and to clarify material commitments (jobs, workforce development, internships) and pilot‑program terms. Staff and board agreed to meet in late summer to work through the draft and return recommendations to the full board.