Eighth Round of The Regional Economic Development Councils Initiative

April 30, 2018

Governor Cuomo’s transformative Regional Economic Development Councils Round VIII consolidated funding application (CFA) process has been announced and Capitalize Albany staff is available to assist applicants. More than $750 million in state economic development resources will be made available.

CFA Process & Local Support

The application process opens May 1. Capitalize Albany Corporation is available to coordinate letters of support from the Mayor and resolutions from the City of Albany Common Council. Applicants that plan on requesting a letter of support or require a municipal resolution must complete the Project Description Form available here and return it to Capitalize Albany by June 27. It is important to note that not all programs require a formal resolution, so please be sure to review your identified funding source very carefully prior to application. All final applications must be submitted to the State by 4 p.m. on July 27.

Contact Capitalize Albany staff at development@capitalizealbany.com with any questions regarding the above information. You can also learn more by visiting http://regionalcouncils.ny.gov/ and the Capital Region Council’s website at https://regionalcouncils.ny.gov/capital-region