EDA awards over $16 million in grants for economic development projects in New York state in 2023

EDA awards over $16 million in grants for economic development projects in New York state in 2023

Economics
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Craig Buerstatte, Deputy Assistant Secretary for Regional Affairs at EDA | https://www.eda.gov/about/leadership/craig-buerstatte

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In 2023, the Economic Development Administration (EDA) issued 21 grants totaling $16,600,629 to fund economic development projects in New York.

This represents a 91% decrease from 2022, when the state received $184,276,724 in funding.

Still, New York state ranked fifth across the U.S. in total EDA grant funding for 2023. South Carolina topped the list with $30,038,466 in funding across 14 grants.

EDA Grant Recipients in New York in 2023
Grantee NameTotal Funding
Port of Oswego Authority$4,000,000
Hudson Valley Community College$4,000,000
Peekskill Facilities Development Corporation$2,396,668
Cornell University$2,000,000
Niagara University$1,306,800
The Research Foundation For The State University Of New York$984,677
County of Westchester$344,000
South Bronx Overall Economic Development Corporation$300,000
Capital District Regional Planning Commission$210,000
Village of Cazenovia$166,000
Seneca Nation of Indians$139,560
Cornell University$137,924
Mohawk Valley Economic Development District, Inc.$70,000
Central New York Regional Planning and Development Board$70,000
Southern Tier West Regional Planning and Development Board$70,000
Southern Tier East Regional Planning Development Board$70,000
Lake Champlain-Lake George Regional Planning Board$70,000
Genesee Finger Lakes Regional Planning Council$70,000
Southern Tier Central Regional Planning and Development Board$70,000
Hudson Valley Regional Council, Inc.$70,000
Saint Regis Mohawk Tribe$55,000

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