Round XIV of the Regional Economic Development Council Initiative Now Available

Governor Kathy Hochul recently announced the launch of Round XIV of the Regional Economic Development Council Initiative. Round XIV 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 on a continuous basis. 

“The latest round of the Regional Economic Development Council Initiative will continue the transformational work we’re doing throughout New York State,” Governor Hochul said. “Our state investments will fund projects in pro-housing certified communities and beyond that will encourage public-private partnerships and make a difference in the daily lives of New Yorkers. I look forward to seeing plans that will support small manufacturers, broaden access to childcare, help build a sustainable future and pave the way to opportunity.”

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