Statement from CICU President Mary Beth Labate on the Announcement of Higher Education Capital Matching Grants

News Date: 6/26/2018

Statement from CICU President Mary Beth Labate on June 2018 the announcement of Higher Education Capital Matching Grants:

“The Higher Education Capital Matching Grant Program (HECap) provides critical funding for construction and capital improvement projects on private college campuses across the state. The HECap grants announced today will enable campuses to tackle important construction projects, creating jobs and investment in communities large and small across the state.

“New York’s private, not-for-profit colleges and universities generate $80 billion in economic impact annually and support more than 400,000 jobs statewide. More than 16,000 of those are construction jobs. The HECap program is an example of public-private partnership that works for all New Yorkers.  

“We are grateful that the Governor and Legislature saw fit to provide another round of funding for HECap in the most recent State Budget.”