Old Westbury- Secretary Cesar A. Perales hosted a Consolidated Funding Application (CFA) workshop at SUNY Old Westbury on Tuesday, October 04, 2011. The workshop is one of thirteen occurring across the state this week as part of Governor Andrew M. Cuomo’s historic initiative to stimulate job creation and economic growth through Regional Councils.
In July, Governor Cuomo announced the creation of ten Regional Economic Development Councils to transform New York’s operating model for economic development. As part of the Regional Council initiative, a NYS Consolidated Funding Application (CFA) was created to serve as the single application economic development projects must complete to be eligible to access the $1 billion in state resources that have been made available to support the Regional Councils. The CFA allows an applicant to access multiple funding sources from dozens of existing programs through one comprehensive application, making it quicker and easier to receive funding.
The Secretary began the workshop with an overview of the application and CFA process. His remarks were followed by informational breakout sessions on specific areas of funding available for economic development projects.
The Department of State is one of nine state agencies and authorities whose funding will be made available through the CFA process, along with the Empire State Development; NYS Canal Corporation; Energy Research and Development Authority; Environmental Facilities Corporation; Homes and Community Renewal; Department of Labor; Parks, Recreation and Historic Preservation; and Department of Transportation.
All applicants must submit their CFA by October 31, 2011. Once the CFA is submitted by the applicant, it goes to the local Regional Council to be reviewed and ranked as part of its strategic planning process.
Secretary Perales will host another workshop on Wednesday, October 5th in Utica and Deputy Secretary Deirdre Scozzafava will host one in Watertown that morning. A complete schedule of all 13 workshops can be found here.