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Gov. Kathy Hochul announced that the new up-to-$200 million FAST NY grant program is now accepting letters of intent from potential applicants.
The endeavor is designed to attract and expand key growth industries in New York State by providing certification and grant funding to help prepare critical commercial “shovel-ready” sites across the state for development. Industries targeted include high-tech manufacturing, interstate distribution and logistics businesses, and other large employers.
Empire State Development is now accepting letters of intent as a first step in the application process. They’ll accept these applications on a rolling basis from those who have submitted letters once the application portal opens December 15th.
