Consolidated Funding Application
The State will soon launch a consolidation funding window for nonprofit grant programs. This will open the window for grant applications in the economic development space, creating much-needed opportunities for people who want to live and work here.
Photo credit: REDC Website
Governor Kathy Hochul has announced the launch of New York’s 2026 Regional Economic Development Council (REDC) Initiative, opening the state’s annual funding process for economic development projects across all ten regions of New York. The initiative includes a second round of the ACHIEVE competition, which will award $150 million for transformational, high-impact regional projects, while the state’s Consolidated Funding Application (CFA) portal is now accepting applications through July 31 for more than 20 economic development programs. The REDC program continues New York’s “bottom-up” approach to economic development, empowering regional councils to identify and support projects that align with local priorities, create jobs, strengthen communities, and drive long-term economic growth. More than $750 million in state funding is expected to be available through the overall initiative