Western New York Power Proceeds Allocation Board [WNYPPAB] Economic Development Fund
Western New York Power Proceeds Allocation Board Economic Development Fund
The WNYPPAB Economic Development Fund is financed with the proceeds of power sales in the free market made by the New York State Power Authority (NYPA). Projects eligible for WNYPPAB funds are economic development projects located within a 30 mile radius of the Niagara Power Project in Lewiston, New York which support the growth of business in New York State through job creation/retention and tax revenues. The NYPA Board of Trustees administers the WNYPPAB Fund with support from Empire State Development Corporation.