F.O.C.U.S. on Financing Opportunities for Critical Infrastructure Needs

Friday, February 20th, 2015 at Syracuse City Hall, 3rd floor (changed site) Common Council Chamber – 7:30 a.m. to 8:45 a.m.
GUEST PRESENTER: THE HONORABLE MATT DRISCOLL, CEO NYS EFC (Environmental Facilities Corporation) and former Mayor, City of Syracuse
TOPIC: “F.O.C.U.S. on Financing Opportunities for Critical Infrastructure Needs”
Infrastructure improvements are vital to the sustainability of our community. The January F.O.C.U.S. forum informed us of our municipality needs and opportunities. On February 20th former Mayor Matt Driscoll will discuss financing opportunities for infrastructure improvement locally and in New York State. Matt Driscoll is President and CEO of the New York State Environmental Facilities Corporation (EFC), the arm of Governor Cuomo’s administration that provides low-cost financing to local governments for wastewater and drinking water infrastructure. President Driscoll has led EFC since 2010, and administers the largest and most successful State Revolving loan fund in the nation, managing more than $12 billion in assets. EFC ended the 2014 fiscal year with more than $2.3 billion in financings and refundings to local governments – the largest in the history of EFC and once again, New York State led the nation with the largest investment in wastewater infrastructure. Under Mr. Driscoll’s leadership, the Corporation also extended EFC’s award-winning Green Innovation Grant Program, keeping New York at the forefront of “green” urban and infrastructure planning. From 2001 to 2009, Mr. Driscoll served as the 52nd Mayor of the City of Syracuse. Elected to two terms, Mr. Driscoll’s tenure in office was distinguished by his environmental and sustainability initiatives.

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