REDC Round XI CFA Process Update

June 1, 2021

Governor Cuomo’s transformative Regional Economic Development Councils Round XI consolidated funding application (CFA) process is underway and Capitalize Albany staff is available to assist local applicants, continuing its role as the local clearinghouse for project proposals located within the City of Albany. The 2021 funding round includes more than $750 million in state economic development resources. 

Capitalize Albany staff will coordinate letters of support from the Mayor and resolutions from the City of Albany Common Council for local applicants when required. Applicants that plan on requesting a letter of support or require a municipal resolution must complete the Project Intake Form available in the link below and return it to Capitalize Albany by Wednesday, June 30 to assist staff in coordinating materials.  Please send the attached form to: [email protected] or to our office at 21 Lodge Street, Albany, NY 12207.

Download The Project Intake Form Here

It is important to note that not all CFA programs require a formal municipal resolution. However, those agencies that do require the resolution may deem the project ineligible if the resolution is not attached to the submitted CFA. Prior to applying, we encourage you to consult the 2021 Available Resource Guide to review the program guidelines for the specific program(s) available for Round XI. Capitalize Albany can also provide technical assistance for your specific CFA proposals and help you to determine what is required.  For assistance, please contact Renee McFarlin, also at [email protected] to schedule a one-on-one call or Zoom meeting.

All final applications must be submitted to the State by 4 p.m. on July 30.

CFA Process Timeline And Important Resources:

Learn more by visiting http://regionalcouncils.ny.gov/ and the Capital Region Council’s website at https://regionalcouncils.ny.gov/capital-region.