Economic Transformation Program
As part of the 2016-17 State Budget, Governor Cuomo and the Legislature revised the Economic Transformation Program to support the economies of communities affected by the closure of certain mental health facilities. The Economic Transformation Program provides tax credits for projects that leverage investments to create jobs and support economic development initiatives at these closed facilities.
The Program will be available to eligible businesses that locate at closed mental health facilities within the metropolitan commuter transportation district.
How to Apply:
Provided below is a link to the application which must be
completed and sent to the ESD Mid-Hudson Regional Office by
September 1, 2016.
Economic Transformation and Facility Redevelopment Program Application
For more information and to initiate an application, contact the ESD Mid-Hudson Regional Office.