Environmental Facilities Corporation
The Environmental Facilities Corporation (EFC) is a public benefit corporation which provides financial and technical assistance primarily to municipalities by providing low-cost financing for their water quality infrastructure projects. EFC administers a number of programs, including managing the most successful State Revolving Funds in the nation. These programs have provided over $34 billion in low-cost financing and grants for approximately 3,000 water and sewer infrastructure projects across New York State.
Governor Andrew M. Cuomo today announced the state Environmental Facilities Corporation has awarded more than $416 million through the Water Infrastructure Improvement Act and the Intermunicipal Water Infrastructure Grant Program to municipalities for infrastructure projects that protect public health or improve water quality. The awards include more than $120 million for 37 projects to address emerging contaminants on Long Island. These grants are supporting nearly $1.6 billion in project costs, contributing over 20,000 jobs to New York’s economy and saving New York localities over $700 million.
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In 2011, Governor Cuomo launched the Regional Economic Development Councils and the Consolidated Funding Application (CFA) to provide each region with the tools to create and implement their own roadmap for economic prosperity and job creation.
After eight successful rounds, the 2019 CFA made over $750 million in economic development resources available from over thirty programs across ten state agencies. The New York State Environmental Facilities Corporation is proud to announce this year's Engineering Planning Grant and Green Innovation Grant Program award recipients.
For more information, click here to read the Governor's press release.
