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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).

The Rensselaer County Regional Chamber of Commerce has received the ‘Chuck Steiner Memorial Chamber of the Year Award,’ from The Business Council of New York State, Inc. The announcement was officially made ahead of the Council’s annual meeting next week.   Established in 2010 in memory of former regional Chamber executive, Chuck Steiner, the ‘…
The GLOBALFOUNDRIES-Town of Malta Foundation is now accepting grant applications for its next round of funding to support local community organizations.  Applications for grant funding can be submitted electronically or may be downloaded and mailed to the Foundation by November 6, 2020. Instructions and links for the application can be found at…
Overit announced today the acquisition of Troy-based Smith & Jones, accelerating the firm’s growth and presence in the healthcare vertical. Smith & Jones is a nationally-recognized healthcare marketing agency that specializes in branding and targeted service line marketing for hospitals, health systems, and other care providers.  Under the…
Sep
24
Join Eleonora Morrell, Training and Development Specialist, MicroKnowledge, Inc. as she provide tips and tricks on how to WOW your audience without…
12:00 - 1:00 p.m. EST
Sep
25
In 2015, the Chamber developed CEO Roundtable Discussions with much success.  The purpose is to bring together small groups of CEOs, presidents and/or…
8:30 a.m. - 9:30 a.m. EST
Sep
29
On behalf of the Rensselaer County Regional Chamber of Commerce and the Troy Downtown Business Improvement District, we invite you to an “Accelerated…
4:00 - 5:30 p.m. EST