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Member News

Investment in Transit Means an Investment in the Economy



The Capital District Transportation Authority (CDTA), along with the New York State Public Transportation Association (NYPTA), are advocating for a stable and predictable funding stream over a multi-year period for upstate transit properties and downstate suburban systems to meet the growing demand of transit across New York State.

“Transit is the lifeblood of economic development in New York. It provides the access and connections that make New York move and the economy flourish,” said David M. Stackrow, CDTA Board Chairman and APTA Board of Directors Vice-Chair. “Across the state, the public is demanding better connections and more travel options to work, education, shopping, healthcare and recreation. Changes in ridership are placing new demands on transit, to access new job locations, address changing travel patterns, and meet travel needs in urban and rural areas.”

Like transit systems throughout New York, CDTA relies on State Transit Operating Assistance (STOA) to provide top-notch service to the community. The Governor’s Executive Budget calls for a 1% increase in STOA for the coming year. Being mindful of the State’s overall fiscal condition, and appreciative of the Governor’s additional funding, this will not meet the demands from our customers for more service options and increased frequencies. CDTA and NYPTA are advocating for a 10% increase in STOA funding in each of the next three years. This would meet the needs of upstate transit systems and is consistent with what is being proposed at the MTA in New York City.

Working to connect Capital Region residents to economic opportunity, CDTA was named the 2017 Best Mid-Sized Transportation System in North America by the American Public Transportation Association (APTA).

(Albany, NY) - SEFCU and CAP COM leaders have been exploring a potential merger of the two federal credit unions headquartered in New York’s Capital Region. Throughout our discussions, we have found a consistent mission, common purpose, and shared vision that prioritizes our employees, members, and communities. To that end, the CAP COM and SEFCU …
Governor Andrew M. Cuomo today announced the launch of the second round of the $175 million Workforce Development Initiative. This second round of funding makes $48 million available to support strategic regional efforts that help New Yorkers find quality, well-paid jobs and meet businesses' short-term workforce needs, improve regional talent…
Aug
05
NetworkingPlus is an event designed to expand your connections, generate new leads, and promote your business. Networking will begin with lunch. You will…
11:30 a.m. - 12:00 p.m. Check-in and Lunch, 12:00 p.m. - 1:00 p.m. Networking
Aug
16
Join us for a day of clubs, carts & connections at The Country Club of Troy! Get back into the swing of things with the The Chamber's 2021 Annual Golf…
10:30 a.m. Check-In; 11 a.m. Lunch; 12 noon Shotgun Start
Sep
09
This webinar will explore how to create and use Functions and Formulas in Microsoft Excel. Participants should have a beginner or higher level of Excel…
9 a.m.