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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).

Eight in ten Capital Region employers are optimistic about job growth in the new year, but more than ever, filling open positions remains a significant challenge. That’s according to the Fall 2019 Alaant Hiring Index, an exclusive analysis of the area’s labor market prepared by Alaant Workforce Solutions, the Capital Region’s leading professional…
Christopher D' Allaird, a local CPA located in Troy, NY, has successfully completed the requirements to earn the designation of a Certified Tax Resolution Specialist (CTRS). This dignified certification is earned by good standing members of the American Society of Tax Problem Solvers (ASTPS).  Christopher D' Allaird was first required to be…
Hudson Valley Community College’s Viking Child Care Center has received an annual grant of $121,000 for up to four years that will be used for tuition subsidies for low-income families in the daycare center. The center provides care for children ages 6 weeks to 5 years and serves parents attending the college as well as community parents. The…
Dec
17
We’re giving thanks for our members by offering an exciting contest for two members to win customized Chamber marketing packages valued at $1,500 each! It…
Register By 12 p.m. on December 17, 2019
Dec
18
Join the festivities at our most popular and final NetworkingPlus event of 2019. Get connected, develop leads and build relationships at this fast-paced…
11:30 a.m. Check-in & Luncheon; 12 - 1:15 p.m. Networking
Jan
08
Join the Chamber at the 2020 State of the County Breakfast and learn what's ahead for Rensselaer County and the business community in the new year. …
Check-in & breakfast 7:30a.m.; remarks and Q&A 8-9:00a.m.