21 CRR-NY 4249.3NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 21. MISCELLANEOUS
CHAPTER L. NEW YORK STATE URBAN DEVELOPMENT CORPORATION
PART 4249. DOWNSTATE REVITALIZATION FUND PROGRAM
21 CRR-NY 4249.3
21 CRR-NY 4249.3
4249.3 Types of assistance.
The program offers assistance in the form of loans and/or grants to for-profit businesses, not-for-profit corporations, public benefit corporations, municipalities, and research and academic institutions, for activities including, but not limited to, the following:
(a) support for projects identified through collaborative efforts as part of the overall growth strategy for the local economy, including, but not limited, to smart growth and energy efficiency initiative; and intellectual capital capacity building;
(b) support for the attraction or expansion of a business including, but not limited to, those primarily engaged in activities identified as a strategic industry and minority-owned and women-owned business enterprises as defined by subdivisions (c) and (f) of section 957 of the General Municipal Law and section 310 of the Executive Law;
(c) support for land acquisition and/or the construction, acquisition or expansion of buildings, machinery and equipment associated with a project; and
(d) support for projects located in an investment zone as defined by paragraph (i) of subdivision (d) of section 957 of the General Municipal Law.
21 CRR-NY 4249.3
Current through September 15, 2021
End of Document