2025 Regional Economic Development Initiative

Governor Hochul recently announced the 2025 Regional Economic Development Initiative. Up to $60 million in Regional Council Capital Funds will be made available in the 2025 Consolidated Funding Application (CFA) to facilitate projects that advance each region’s strategic plan and state priorities.

The New York State Consolidated Funding Application (CFA) is now open for 2025. Apply to dozens of New York State grants by July 31, 2025.

The Hudson Valley Regional Council (HVRC) will hold CFA workshop and information sessions – see the list of events here.

HVRC staff is also available to discuss municipal CFA applications that fall within their various program areas (economic development, water resources, clean energy, and Climate Smart Communities), and can assist with discussing project ideas and confirming eligibility.

Please reach out to the relevant staff member for assistance. If you are not sure who to contact, Eleanor Peck can help direct your question.