WNYEDF (Proceeds) Program

New York Power Authority (NYPA)

open

The Western New York Power Proceeds program is made possible through net earnings resulting from the sale of unused economic development hydropower generated at NYPA's Niagara Power Project. The Western New York Power Proceeds Act, passed in December 2012, allows NYPA to deposit the net earnings from the market sale of unallocated Expansion and Replacement Economic Development Power into a fund, which can then be used to support economic development projects within a 30 mile radius of the NiagaraPoer Project. Eligible projects are considered under six funding tracks, including Workforce Development: Identifying high concentrations of underemployed and underrepresented populations in a Region and creating programs that will train those populations to match the needs of Industry in the Region.

Focus Areas

workforce

Eligibility

An eligible applicant is a private business, including a not-for-profit corporation that is a business. Public entities, such as state agencies, public benefit corporations and municipalities, and entities acting on behalf of public entities, are not eligible to apply for or receive Fund Benefits. Eligible projects are economic development projects physically located within a 30 mile radius of the Niagara Power Project that support the growth of business in the County and thereby lead to the creation or maintenance of jobs and tax revenues for the state and local governments.

How to Apply

Funding Range

Up to $0K

Deadline

Rolling

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