New York State is set to award $3 million to fund projects and attract further investment to the area dubbed the ‘Niagara Falls Tourism Target Zone’.
Local leaders have identified a one-to-two mile radius surrounding the Seneca Niagara Casino & Hotel.
The casino is owned and operated by the Seneca Nation of Indians.
The $3 million is understood to come from the state’s share of casino revenue payments received from the Seneca Nation.
The investment is aiming to kick-start the local economy as casino revenues are reportedly on the decline. The wider community, including the hospital and schools, currently relies on a share of casino revenues.
The Seneca have reportedly paid the state and local governments close to $1.5 billion but this agreement, began in 2002, is now coming to an end.
Image credti: Mav (Creative Commons)