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Inflation Reduction Act

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Nation's Largest Offshore Wind Project Breaks Ground In NY On Way To Powering 600K Homes Nation's Largest Offshore Wind Project Breaks Ground In NY On Way To Powering 600K Homes
Nation's Largest Offshore Wind Project Breaks Ground In NY On Way To Powering 600K Homes Work on the nation’s largest offshore wind project is officially underway in New York. On Long Island, local and state leaders attended a ceremonial groundbreaking at the Boys and Girls Club of Bellport on Wednesday, July 17, for Sunrise Wind, a 924-megawatt project expected to produce enough energy to power 600,000 homes. The project – located approximately 30 miles east of Montauk – will support over 800 union jobs during the construction phase and will lead to economic benefits stretching from the Capital Region to Long Island, Gov. Kathy Hochul’s office said. Earlier Report: 'Ju…

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by Michael Mashburn
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$1M Scam: NY Man Sentenced For Stealing Federal Funds $1M Scam: NY Man Sentenced For Stealing Federal Funds
$1M Scam: NY Man Sentenced For Stealing Federal Funds A New York man who admitted to turning federal aid into a personal treasure chest of around $1 million has been sentenced. In previously pleading guilty, Asjid Parvez, age 38, of Albany, admitted that in May 2023, the United States Department of Agriculture’s Farm Service Agency (FSA) sent him a US Treasury check for $972,564.61.  In 2022, the Inflation Reduction Act authorized the FSA to financially assist certain distressed borrowers who had fallen behind on repaying their federally guaranteed farm loans.  The US Attorney's Office of the Northern District of…

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by Joe Lombardi