Governor Cuomo Announces $3 Million Awarded to Lake Erie College of Osteopathic Medicine

New York Governor's picture
Governor Cuomo Announces $3 Million Awarded to...

Funding will be Used to Construct 52,628 Square Foot Building at Arnot Park to House a New Four-Year Medical Training facility 

Investment Complements "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy

Governor Andrew M. Cuomo today announced that Lake Erie College of Osteopathic Medicine has received a $3 million grant to construct a two-story, 52,628 square foot building at the vacant Arnot Park in downtown Elmira. The Lake Erie College of Osteopathic Medicine, known as LECOM, will invest nearly $20 million to construct a building on the Elmira College campus to accommodate a new medical school program, attracting students who will fill the need for physicians in the Southern Tier and Western New York. This project is expected to create 44 new jobs and is set to open for students in the spring of 2020. It will also include the demolition of blighted houses adjacent to the facility.

"The addition of the new Lake Erie College of Osteopathic Medicine building at Elmira College will have a substantial impact on the future of healthcare in the Southern Tier and help grow the local economy," Governor Cuomo said, "This investment will create new jobs, provide more academic opportunities for medical students in the region, and continue the revitalization of downtown Elmira as we work to help the Southern Tier soar."

"This funding will allow the Lake Erie College of Osteopathic Medicine to expand with a new building that will provide individuals with medical training opportunities," said Lieutenant Governor Kathy Hochul. "The new program will educate students with the skills they need to fill positions needed in the medical field in the Southern Tier and Western New York. This investment will further advance the healthcare industry in the area, creating jobs and continuing to grow the economy of the Southern Tier."

LECOM at Elmira College will use the highly successful Problem-Based Learning curriculum developed at LECOM Erie and used exclusively at LECOM Bradenton and LECOM Seton Hill. Problem-Based Learning involves small groups of students working together on patient cases. Students develop learning objectives in basic science or clinical care needed to solve the patient case.

LECOM at Elmira will accommodate 120 osteopathic medical students annually growing to 480 after four years. The College will hire 17.5 full time equivalent faculty members to serve as PBL facilitators and instructors. Support for faculty staff salaries and benefits will approach $4 million annually. 

Empire State Development President, CEO & Commissioner Howard Zemsky said, "The expansion of LECOM into Elmira will contribute to the revitalization of downtown Elmira into a walkable, desirable and diverse college community and help attract new investments and business for years to come."

LECOM President John M. Ferretti, D.O said," It has been welcoming to have the support of the Elmira Community.  Now with the financial support of the New York Regional Economic Council and Governor Cuomo, we know we made the right decision by selecting Elmira for our new campus."

Elmira College President Charles W. Lindsay, Ph.D. said, "Our partnership with LECOM includes great benefits for the city, and for Elmira College and our students. Each year, twenty-five spots will be reserved in LECOM's osteopathic program for students who meet the LECOM's requirements, attracting more students interested in the health professions - students who may then stay in the Elmira to continue their education and ultimately decide to make the Southern Tier their home."

Senator Tom O’Mara said, “The arrival of the Lake Erie College of Osteopathic Medicine at Elmira College will strengthen regional health care, help create economic opportunities and jobs throughout the local economy, and revitalize downtown Elmira in exciting ways.  It’s a meaningful victory for the Southern Tier.”

This grant is part of the recently announced Regional Economic Development Awards, which awarded more than $763 million in economic and community development funding statewide. The Southern Tier Region received $65.4 million supporting 101 projects.

About the Regional Economic Development Councils

The Regional Economic Development Council initiative is a key component of Governor Cuomo's approach to State investment and economic development. In 2011, Governor Cuomo established 10 Regional Councils to develop long-term strategic plans for economic growth for their regions. The Councils are public-private partnerships made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations. The Regional Councils have redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom up approach and establishing a competitive process for State resources.

After eight rounds of the REDC process, more than $6.1 billion has been awarded to more than 7,300 job creation and community development projects consistent with each region's strategic plans, projecting to create and retain more than 230,000 jobs. For more information on the Regional Councils, visit www.regionalcouncils.ny.gov.

Accelerating Southern Tier Soaring

Today's announcement complements "Southern Tier Soaring the region's comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.2 billion in the region since 2012 to lay for groundwork for the plan - attracting a talented workforce, growing business and driving innovation. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Binghamton, Johnson City and Corning as a destination in which to grow and invest. Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State's $500 million investment will incentivize private business to invest well over $2.5 billion - and the region's plan, as submitted, projects up to 10,200 new jobs. More information is available here.

About LECOM

In just over 25 years, the Lake Erie College of Osteopathic Medicine (LECOM) has grown to become the largest and one of the most affordable medical colleges in the country. Enrollment in the College of Osteopathic Medicine, School of Pharmacy, School of Dental Medicine and Master's Degree Programs has surpassed 4100 students at campuses in Erie and Greensburg, Pa. and Bradenton, Fla. More than 11,000 LECOM graduates are providing health care to patients across the United States.

The College of Osteopathic Medicine and School of Pharmacy attract more applicants than any other programs in the country by offering innovative, student-centered and affordable degree programs. LECOM medical college tuition is the second lowest private college tuition in the U.S and LECOM consistently ranks in the top ten programs for graduating primary care physicians. In addition to providing healthcare providers to serve patient needs, the College also offers master's degree programs to prepare professionals who can run the business of health care, serve the patient's best interests and teach future physicians, pharmacists and dentists.

Copy this html code to your website/blog to embed this press release.