With $300 million in state money committed to efforts to protect shoreline and bays from high Lake Ontario waters, Gov. Andrew Cuomo announced that the application period for the Lake Ontario Business Resiliency Program is now open for businesses and other organizations directly impacted by the historic flooding of Lake Ontario and the St. Lawrence River earlier this year.
The Resiliency and Economic Development Initiative Commission has made available up to $30 million to support resiliency related capital improvement projects at affected businesses and other eligible organizations, which may qualify for reimbursement of up to 50 percent of project costs, with a maximum award of $200,000.
Cuomo said eligible applicants include most private businesses, homeowners associations, certain not-for profits, farms, and owners of multiple dwellings used for business purposes in the eight-county coverage area, including Wayne.
Applicants must have been impacted by flooding between Jan. 1, 2019 through Oct. 31, or, if not directly damaged and sufficient funding is available, possess a demonstrated vulnerability to future flood-related damage.
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