The Long Island Regional Economic Development Council (LIREDC) serves as an economic advisory board for the Long Island Region.
Long Island Investment Fund
The $350M Long Island Investment Fund program will focus on large-scale, transformative projects that will have lasting impacts on Long Island.
*Before applying, speak to an ESD representative. To schedule email [email protected]
Launch of DRI Round VI and New York Forward Programs
Governor Hochul launched the sixth round of the DRI along with the first round of New York Forward, a new program for smaller and rural communities. This year, DRI will invest $100 million in 10 new communities to be selected by the REDCs, bringing the total DRI state commitment to $700 million.
Communities are strongly encouraged to submit a Letter of Intent to Apply on or before Wednesday, August 10th. Applications are due by 4pm on Friday, September 23rd.
Funding is still available through Empire State Development Grant and Excelsior Jobs Tax Credit Program, New York State Energy Research and Development Energy Efficiency Programs and New York Power Authority ReCharge NY Program.
The Workforce Development Initiative (WDI) was inaugurated in 2019 with a mission to invest $175 million throughout New York State for innovative, creative, and regionally customized workforce development projects. Applications are now being accepted.
New York State's Downtown Revitalization Initiative (DRI) is transforming downtown neighborhoods into vibrant communities where the next generation of New Yorkers will want to live work and raise families.
You can up to date information about Round 5 here.