N.Y. Comp. Codes R. & Regs. tit. 21 § 4247.5

Current through Register Vol. 46, No. 50, December 11, 2024

Section 4247.5 - Evaluation criteria

The corporation shall give priority in granting assistance to those projects:

(a) with significant private financing or matching funds through private or other public entities;

(b) likely to produce a high economic return on public investment;

(c) with existence of significant support from the local business community, local government, community organizations, academic institutions and other regional parties;

(d) with significant regional breadth or likely to have wide regional impact;

(e) with cost benefit analysis that demonstrates clear economic benefits from new private sector job creation and/or investments;

(f) located in distressed communities; or

(g) whose application is supported by multiple entities, both public and private.

N.Y. Comp. Codes R. & Regs. Tit. 21 § 4247.5