Transcript The New York State Environmental Facilities Corporation

The New York State
Environmental Facilities Corporation
Program Updates
Presented by Terry Deuel
Environmental Project Manager – Community Assistance
March 23, 2011
Andrew M. Cuomo, Governor
Matthew J. Driscoll, President & CEO
The Environmental Facilities Corporation
Providing Low-cost Financing and Technical Assistance to Municipalities, Businesses, and
NY State Agencies for Environmental Projects
Primary Program Initiatives:
Clean Water State Revolving Fund


1987 Clean Water Act Amendments
Provides financial assistance for wastewater and
water quality infrastructure
Drinking Water State Revolving Fund


1996 Safe Drinking Water Act
Provides financial assistance for drinking water
infrastructure
Green Innovation Grant Program


2009 ARRA and 2010 SRF grant
Green infrastructure, water and energy
efficiency, and innovative technology
NYS Environmental Facilities Corporation
March 23, 2011
2
Green Innovation Grant Program - 2010








Include design and construction grants
Local match requirement
$15 million allocated
96 applications received
GIGP funds requested = $46,302,132
Total project funds = $124,831,818
Award announcements March 2011
Must be under contract by September 2011
NYS Environmental Facilities Corporation
March 23, 2011
Federal Budget Update
2011 Budget
Not yet finalized
 Continuing Resolution through 4/8/11

President’s Budget
Clean Water
Drinking Water
National
New York
National
New York
$2 billion
$211.6 million
$689 million
$72.9 million
$1.3 billion
$89.4 million
$830 million
$49 million
2012 Budget

House Proposed Budget
Proposed February 14, 2011 - Not yet finalized
President’s Budget
National
New York
Clean Water
$1.55 billion
$167.7 million
Drinking Water
$990 million
$63.8 million
2011 State Revolving Fund Deadlines
Clean Water:

March 1, 2011 – Applications for projects above the subsidy line

May 13, 2011 – Applications for all other projects

July 1, 2011 – Hardship applications

August 1, 2011 – Submit new projects for 2012 Annual List
Drinking Water:

March 1, 2011 - Applications for projects above the subsidy line

May 13, 2011 – Applications for all other projects

August 1, 2011 – Submit new projects for 2012 Annual List
NYS Environmental Facilities Corporation
March 23, 2011
Stay Informed
www.efc.ny.gov
Email

SRF Newsletter
 Sign up to receive EFC’s
Receive immediate notice
quarterly newsletter
of new and updated funding
opportunities, programs,
and initiatives
NYS Environmental Facilities Corporation
Webcasts

Join EFC live to discuss
important issues
March 23, 2011
NYS Environmental Facilities Corporation
1285 Fisher Ave
Cortland, NY 13045
[email protected]
607.753.3095 ext. 252
www.efc.ny.gov
Financing for a Sustainable Future
NYS Environmental Facilities Corporation
March 23, 2011