Round XIV $455 Million NYS REDC Grant Funding Initiative

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The Regional Economic Development Councils’ (REDC) 2024 Consolidated Funding Application (CFA) is now open through Wednesday, July 31st at 4 p.m.

Follow the links below for access to:
The 2024 REDC Guidebook
2024 Available CFA Resources
2024 Consolidated Funding Application Manual
2024 Webinars & FAQs
2024 Regional Workshops

In Round XIV, ESD is launching two new grant programs: the Capital Improvement Grants for Pro-Housing Communities Program and the Small Manufacturer Modernization Grants Program. Up to $40 million will be available to municipalities, counties and not for profits through the Capital Improvement Grants for Pro-Housing Communities Program, to support capital improvement and placemaking projects located within pro-housing communities that are certified by Homes & Community Renewal. Grant awards will range from $100,000 to $3,000,000.

Up to $10 million will be available through the Small Manufacturer Modernization Grants Program, which will award grant funds to small legacy manufacturers across the state to invest in modernization and integration of advanced technologies. Grant awards will range from $50,000 to $250,000.

$100 million in ESD grant funds will be made available on a rolling basis, with awards made throughout the year. This year, municipal applicants must be a certified Pro-Housing Community.

Additionally, a second round of the Not-for-Profit Capital Grant Program will make up to $5 million available to award matching fund grants to not-for-profit organizations that provide economic and community benefits in their region to assist with facility improvements and upgrades. Grant awards will range from $25,000 to $100,000.

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, funding is available from 8 State agencies across more than 20 programs. Regional Councils will review projects and provide scores that reflect how well a project aligns with a region’s goals and strategies.

Access the CFA Here