NYS Announces Launch of 2025 Regional Economic Development Council Initiative

The Regional Economic Development Councils (REDC) 2025 Consolidated Funding Application (CFA) is now open through Thursday, July 31st at 4 p.m. Open enrollment programs are not subject to the July 31st deadline and will continue to accept applications on an ongoing basis until funds are exhausted.

Since 2011, the REDC has been the cornerstone of a bottom-up approach to economic development that allows the State’s 10 Regional Councils to support projects that advance strategic regional and statewide priorities. New in 2025 is the Governor’s $150 million Advancing Collaboration for High-impact Initiatives for Economic Visions & Expansion competition — ACHIEVE — aimed at empowering the REDCs to advance catalytic economic development projects backed by enhanced implementation funding to jump-start regional growth.

2025 CFA Presentation

Columbia-Greene Community College, Saland Forum
Thursday, June 12 1:00-2:30 PM
Register Here!

Consolidated Funding Application

The Regional Councils will score projects submitted through the Consolidated Funding Application (CFA), the State’s streamlined application for State resources which includes programs from numerous agencies. This year, the CFA includes grant funds and tax credits available through more than 20 programs administered by eight State agencies and authorities. Regional Councils will review projects and provide scores that reflect how well a project aligns with a region’s goals and strategies.

Apply Now

Reference Links:

Round 15 - Regional Economic Development Council Initiative