The state has updated its Regional Council Manual to reflect the resources available, following Gov. Cuomo’s recent announcement that a second round of grants are being made through the Regional Economic Development Councils.
There is $750 million available to qualified applicants in this round, including:
$70 Million in Excelsior Job Program credits and refunds;
$150 Million for capital improvements;
$530 Million available through 21 state economic development programs in the form of grants, tax incentives, low-interest loans and capital dollars to qualified businesses, municipalities, non-profits, school districts, etc.
The state is also conducting workshops on the state’s “consolidated funding application” (CFA) throughout the state. These workshops are intended to provide more information on available assistance from State agencies as well as guidance on successfully completing the application. These training workshops are open to local economic development officials, municipalities, non-profits and businesses. The schedule for the workshops can be found here.
Applications must be submitted through the CFA web site by 4:00 pm on July 16.