Relates to the creation of the strategic investment in workforce development program

This bill creates the Strategic Investment in Workforce Development Program within New York's Urban Development Corporation. It directs the program to collaborate with state agencies to identify workforce shortages, train youth, and support unemployed or underemployed individuals - particularly in high-skill industries. Eligible applicants include employers, nonprofits, and training programs serving these groups, with at least 20% of funds reserved for small businesses and minority/women-owned enterprises. The program must fund training costs (classroom, on-the-job, curriculum) and report annually on participants, certifications, and program evaluations starting in 2027.