$285 million in capital dollars through 2019 will help fund parks in New York not called the High Line and lacking high-profile private backing.
"New York Mayor Bill de Blasio announced last week that the city is set to double the amount of funding that goes to the city’s Community Parks Initiative (CPI)," reports Nicole Jewell. The city will provide $285 million in capital dollars to the CPI through 2019. The new funding will expand the number of parks the program has benefitted from 35 parks since the program was created in 2014, to 67 parks by 2019. "The renovations and upgrades will include such things as adding new basketball court pavements, vibrant garden areas, and general aesthetic improvements," adds Jewell.
A press release posted on the city of New York's official website provides insight into the funding and the direction of the program from Mayor Bill de Blasio and Parks Commissioner Mitchell Silver, FAICP. The announcement included the 12 parks chosen to receive the new funding. The city will announce 20 more sites over the next three fiscal years.
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City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research