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

News Date: 7/30/2019

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

"The Higher Education Capital Matching Grant Program (HECap) provides critical funding for private, not-for-profit colleges and universities across the state. The projects announced today will enable colleges and universities to build and renovate facilities on campus and make an investment in their local communities by supporting thousands of jobs. 

"New York's 100+ private, not-for-profit colleges and universities generate $88.8 billion in economic impact annually and support more than 415,000 jobs statewide. The HECap program is a perfect example of how private and public partnerships can work together to positively impact all New Yorkers. 

"We are grateful that the Governor and the Legislature approved another round of HECap funding during the 2019-20 Legislative Session."