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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).

TROY (5/18/2022)—The Arts Center of the Capital Region is pleased to announce two Calls for Entries, Artificial Eye: The 41st Annual Photo Regional and Capture: A City Wide Photography Exhibition. Call for Entries:  Artificial Eye: 44th Annual Photo Regional. The Arts Center of the Capital Region is inviting photographers to submit work for…
May 12th, 2022 In April 2022, The Wagoner Firm’s Mark J. Wagner, Jr. was chosen by the New York Cannabis Growers and Processors Association to serve as Chair of its Capital Region Committee. Mark was selected from a competitive group of applicants based on his background and experience with medical marijuana licensing and applications, the…
BOSTON – Berkshire Bank, a leading socially responsible community bank with office locations in New England and New York, announces the launch of the Center for Women, Wellness, and Wealth (CWWW). The Center will offer client-focused events on wellness and financial planning, and will partner with community organizations, specialized experts and…
May
26
The Congressional Forum allows members to hear directly from Congressman Paul Tonko. He will discuss matters that impact the region’s economy and…
Lunch and Panel Discussion
Jun
02
The Chamber's partner The Cybersecurity and Infrastructure Security Agency invites you to a security webinar. The webinar is intended to enhance awareness…
Webinar from 10 a.m. to 12 p.m.
Jun
16
Get connected, develop leads and build relationships at our one-of-a-kind, fast-paced networking event. This popular networking event features a…
Market, Develop, & Connect