Governor George E. Pataki and Mayor Michael R. Bloomberg today announced a comprehensive allocation plan for the $800 million in remaining Lower Manhattan Development Corporation (LMDC) funds that will yield dramatic and long-lasting results for all of Lower Manhattan. Elements of the plan include funding for the World Trade Center Memorial Foundation, new community and cultural amenities, neighborhood rejuvenation projects including the revitalization of both waterfronts, and investments in Chinatown. The allocation plan realizes the Governor's aggressive plan to transform Lower Manhattan into a mixed-use, 24-hour vibrant community first laid out in April of 2003 and updated every six months, and reflects the priorities of Mayor Bloomberg's 2002 bold Vision for Lower Manhattan creating a downtown for the 21st century.  More »