The HECap board provided matching grants to 35 private, not-for-profit colleges and universities in New York for projects that provide critical funding, create prevailing wage construction jobs and drive investment in communities across the state.
“We thank Governor Cuomo, State Senator Biaggi and Assemblymember Dinowitz for their work in making this happen,” said Brennan O’Donnell, Ph.D., president of Manhattan College. “We are also deeply appreciative of Mary Beth Labate and her team at the Commission on Independent Colleges and Universities (CICU) in New York for this very welcome news.”
New York’s private, not-for-profit colleges and universities generate $88.8 billion in economic impact annually and support more than 415,000 jobs statewide. For every $1 in state matching funds, Manhattan College, like other private, not-for-profit colleges and universities in New York must provide $3 in support of this project.
"New York has a world-class education system, and we must continue to invest in our educational institutions to provide New York students with an optimal living and learning environment to succeed," Governor Andrew Cuomo said. "These investments in our college campuses will not only benefit our next generation of leaders, they will also strengthen our communities and provide an economic boost to the entire state."
“The HECap program is a perfect example of how private and public partnerships can work together to positively impact all New Yorkers,” said Mary Beth Labate, president of CICU. “We are grateful that the governor and the legislature approved another round of HECap funding during the 2019-20 legislative session."
Leo Hall and Higgins Engineering & Science Center will serve as the academic hub for the development of south campus, allowing students to develop a connection to their chosen programs and build relationships with their peers and faculty that prepare them to be thoughtful citizens throughout their lives.