NEW YORK — Applications will open Monday for the Restore New York Program's $50 million grant.
The funding supports municipalities' efforts to turn ruined structures into lively residential, commercial, and mixed-use developments, whether that's by demolishing, rehabilitating, or restoring them.
This is the ninth round of this grant program, and this round will focus on recovery efforts related to the tornado and storm damage from July 15 and 16.
Gov. Kathy Hochul said in a statement, “With Upstate municipalities still working to recover from major damage caused by July’s extreme weather, we’re prioritizing those projects and looking to other transformational opportunities that will better the lives of residents and businesses everywhere.”
The Empire State Development (ESD) is administering this project, and it will hold an instructional webinar on Wednesday. Any communities interested in applying for the grant are encouraged to register here.
An intent to apply form must be received by ESD by Wednesday, Oct. 23. The program application and guidelines will be available Monday at https://esd.ny.gov/restore-new-york.
There is specific criteria communities must fit into in order to be eligible. The Executive Chamber's list includes:
- Cities with populations over 100,000 may apply for up to $2 million for one project. However, cities with populations exceeding 1 million residents and counties therein must apply for projects in a distressed area of the city.
- Cities and villages with populations between 40,000 and 99,999 may apply for one project up to $1.5 million.
- All other municipalities may apply for one project, up to $1 million.
- The amount for which a county is eligible to apply is based upon the municipality within which the project is located.
Related Video:
