DASNY and The Arc New York Close on a $7 Million Tax-Exempt Equipment Lease Transaction Delivering State-of-the Art Equipment to New Yorkers with Disabilities


Gerrard P. Bushell, Ph.D., President & CEO of the Dormitory Authority of the State of New York (DASNY), announced today DASNY and The Arc New York (NYSARC, Inc.) closed on a $7.03 million transaction. This is the first transaction of a larger $20 million tax-exempt equipment lease authorization for The Arc New York to acquire adaptive equipment and specialized vehicles for individuals with disabilities, as well as finance information technology equipment upgrades.

Albany, NY
United States