Round 14 Funding from Regional Economic Development Council Initiative available through NYS Consolidated Funding Application
Funding from over 20 programs across 8 state agencies is available through the NYS Consolidated Funding Application (CFA) until July 31st at 4 PM, as part of Round 14 of the Regional Economic Development Council Initiative. Round 14 includes $445 million in core capital grant and tax-credit funding combined with a wide range of programs from eight state agencies, including $100 million in grant funds from Empire State Development (ESD), available to projects continuously.
The $100M ESD Grants Program has enhanced incentives for strategic focus areas, including childcare projects opening to for-profits, projects in severely distressed communities, and projects related to green buildings and sustainable development. ESD Grants are offered on a rolling basis throughout the year with projects reviewed in 3 batches.
To learn more, please see:
New York State's Consolidated Funding Application was created to streamline and expedite the grant application process. The CFA process marks a fundamental shift in the way State resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs. The CFA serves as the single-entry point for access to economic development funding, ensuring applicants no longer have to slowly navigate multiple agencies and sources without any mechanism for coordination. Now, economic development projects use the CFA as a support mechanism to access multiple State funding sources through one application, making the process quicker, easier, and more productive. Users can access the CFA here: https://apps.cio.ny.gov/apps/cfa/