PEEKSKILL - A financial boost from the federal government may mean a boost in business for the downtown district of Peekskill.

Local officials gathered yesterday to announce $788,000 in federal revitalization funds secured by Congressman Nita Lowey.

The money will be used for infrastructure upgrades such as sidewalks, street lighting and new trees.

A local jewelry store owner told News 12 sprucing up downtown will be great for his bottom line, and help attract new businesses. "I think the city is headed in the right direction. A lot of these buildings have been cleaned up, spruced up, and things are looking very good," says businessman John Weeks.

The Downtown Peekskill revitalization project is expected to last two years. The federal funds could be available in 90 days or less.