Restore New York Communities Initiative

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Objective

The Restore New York Communities Initiative (“Restore NY”) provides municipalities with financial assistance for the revitalization of commercial and residential properties. The program encourages community development and neighborhood growth through the elimination and redevelopment of blighted structures.

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Overview

Program Launch: Monday July 11, 2022

Intent to Apply Form Due: Thursday August 11, 2022, by 5:00pm EST

Final Application Due: Tuesday October 11, 2022, by 3:00pm EST

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Eligibility

Restore New York funding is available for projects involving the demolition, deconstruction, rehabilitation and/or reconstruction of vacant, abandoned, condemned and surplus properties.

Applicants must:

  • Be initiated by municipalities
  • Demonstrate at least a 10% match; and
  • Hold a public hearing to discuss the application and the property assessment list

Selection Process:

Applications are initially evaluated at the regional level.

Applications are scored against specific guidelines and how strongly they meet the goals of the program, which are to:

  • Induce commercial investment 
  • Improve the local housing stock

Priority is given to projects in Empire Zones and Brownfield Opportunity Areas, as well as to projects that leverage other state or federal redevelopment, remediation, or planning programs.

There is also a strong emphasis placed on projects from economically distressed communities.

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How to Apply

What You Need to Apply:

  1. Restore NY Round 6 Guidelines
  2. Intent to Apply Form (Due August 11) – ATTENTION: No application will be accepted unless the Intent to Apply form has been submitted.
  3. Restore NY Application Packet Part A
  4. Restore NY Application Packet Part B
  5. Site Control Affidavit for Non-Municipally Owned Properties
  6. CFA Application
  7. SHPO Review Portal

After ESD receives an Intent to Apply form applicants will be notified of the project’s eligibility and are then welcome to complete the application packet.

For additional information on the application process, please see detailed program information below and/or contact your regional office.

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Additional Resources

Program Launch:  Monday July 11, 2022

Restore NY Round 6 Final Application Reminders:

  • Final applications are due at 3:00pm on Tuesday October 11, 2022.
  • ESD must receive a hard copy of the final application by 3:00pm on Tuesday October 11, 2022.
  • The municipal resolution must be complete, finalized, and in the final application packet.
  • A property assessment list must be published in a local daily newspaper (either in print or online) for three consecutive days.
  • Evidence of the three-day posting must be included in the final application packet.
  • The Consolidated Funding Application (CFA) must be complete with a printed copy included in the final application packet. Please contact your regional office if you are having trouble with the CFA.

Final Application Due: Tuesday October 11, 2022, at 3:00pm