Member of the NYSERDA Board
Appointed 6/16/2015, effective 7/2/2015
Matthew Driscoll was nominated by Governor Andrew M. Cuomo to serve as the 12th Commissioner of the New York State Department of Transportation, and was confirmed by the New York State Senate on June 16, 2015.
Prior to his appointment, Mr. Driscoll was president and CEO of the New York State Environmental Facilities Corporation, the arm of Governor Cuomo’s administration that provides low-cost financing to local governments for wastewater and drinking water infrastructure. Since 2010, Mr. Driscoll led EFC and administered the largest and most successful State Revolving loan fund in the nation, managing more than $12 billion in assets. In 2013, Mr. Driscoll implemented a new business model at the EFC, creating an improved and more efficient use of financial resources designed to stimulate projects across the State.
EFC ended the 2014 fiscal year with more than $2.3 billion in financings and refundings to local governments, which was the largest single-year total in EFC’s history. Under Mr. Driscoll’s leadership, EFC also extended its award-winning Green Innovation Grant Program, keeping New York at the forefront of “green” urban and infrastructure planning.
In September 2013, Governor Cuomo appointed Mr. Driscoll to the Financial Restructuring Board for Local Governments. The board delivers targeted restructuring strategies and long-term solutions to assist New York municipalities under fiscal stress.
He also serves as a member of Governor Cuomo’s Strategic Implementation Assessment Team (SIAT). To assist with the Regional Economic Development Council (REDC) initiative, the assessment team conducts a first-hand review of job creation and economic development efforts in each of the 10 regions.
From 2001 through 2009, Mr. Driscoll served as the 52nd Mayor of the City of Syracuse, New York. He was elected to two terms and his time in office was distinguished by his environmental and sustainability initiatives. His action plan for energy conservation, sustainability initiatives and environmental protection efforts earned Syracuse the title of “The Emerald City” and recognition by Popular Science Magazine as one of the nation’s greenest cities (ranked 17th).
He also instituted SyraStat, a performance-based accountability program for city government, which saved millions of dollars for city taxpayers. In addition, he helped make the City of Syracuse the first city in the country to offer free college tuition to every student who graduates with a Regents diploma and led comprehensive planning and development of downtown and neighborhood housing development.