restore new york communities initiative · vincent ravaschiere senior vice president, energy and...
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10/2/2017
RESTORE New York Communities Initiative
Round 5
Municipal Grant Program
Proposal Due Date: 3:00 p.m. – Friday, December 15, 2017
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Overview• Financial assistance for revitalization of urban centers through
the elimination and redevelopment of blighted structures
• Attract residents and businesses by redeveloping residential,
commercial and mixed use properties
• The “Project” application can only be submitted by a town,
village or city
• Municipalities can sub-grant the funds to a private entity
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Buildings that are:
Vacant Abandoned Condemned Surplus
Can be: Demolished
Deconstructed
Rehabilitated
Reconstructed
Funds can be used for site development and
infrastructure needs related to the project
Eligibility
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EligibilityProjects should be either:
• Architecturally consistent with nearby and adjacent
properties,
or
• Consistent with the municipality’s local revitalization or
urban development plan
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Ineligible Activities
Redevelopment of properties for municipal use such as state
offices, fire departments, DMV, local government facilities,
etc.
Projects at locations classified as greenfield development
sites
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Goals and Scoring
Goals• Revitalize urban centers and induce commercial investment
• Improve the local housing stock
• Increase the tax base
Scoring Emphasis• Projects in economically distressed communities
• Projects that leverage other state or federal redevelopment funds
• Project feasibility and readiness
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Funding Limits
Project must have at least 10% in matching funds of total project cost
Cash and in-kind contributions are allowed
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Funding LimitsOn page 9 & 10 of the guidelines, municipalities can find the square foot
allowance of the following for each region:
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Special ProjectsOverview• Limited to three awards• May apply for an additional $5 million to put toward a second separate
project; • OR toward part of a larger project in addition to the funding limits listed for
normal projects
Eligibility • Cities with populations under 100,000• All towns and villages • Classified as highly distressed• Increase the tax base• Must meet definition of special project as seen in guidelines
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PACE Financing(Property Assessed Clean Energy)
• PACE can be used to satisfy Restore NY’s 10% match requirement.*
• PACE finances the up-front costs of energy efficiency improvements, up
to 35% of the value of the improved building.
• Typically, many of the types of improvements that will be made as part of
a Restore NY building rehabilitation project will be eligible for PACE.
*PACE must be enabled in the local jurisdiction in which the property is
located.
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PACEA wide range of building improvements can be financed by PACE
To be eligible, an improvement must:
• reduce the energy consumption in the building,
• be permanently affixed to the property, and
• be approved through a NYSERDA or utility incentive program.
In addition to efficiency measures, PACE also can finance renewable energy
systems.
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PACEExamples of improvements that can be financed by PACE
• HVAC systems, chillers
• Boilers, furnaces
• Lighting, smart controls
• Insulation and air sealing
• Roofs, windows, doors
• Pumps, motors, battery storage
• Combined Heat & Power
• Solar, wind, geothermal systems
PACE point of contact:
Vincent RavaschiereSenior Vice President, Energy and Incentives
Empire State Development
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Intent to ApplyIntent to Apply form must be submitted providing:
• A description of the project
• Total number of buildings/properties to be included
• Square footage of building(s)
• Reuse purpose and how project fits local development plans
Must be received by Empire State Development by
October 13
Applications from municipalities that do not submit the Intent to Apply form will not be accepted
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Intent to Apply - cont’d
Intent to Apply Form provided
by Empire State Development
available at:
https://esd.ny.gov/restore-
new-york
Or
Your ESD Regional Office
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Application Packet
After ESD receives Intent to Apply Form, applicants will receive the
Application Packet (also on website)
The Application Packet contains documents that will be needed for the
official online application
Actual application process will occur through the CFA
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Application Packet – cont’d
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Individual Property Packet - cont’d
All four documents must be
completed and saved as one .pdf file
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Individual Property
Packet - cont’d• Name each IPP file and facade
photos in the shown format
• Ten IPP’s per .zip folder
• Up to two façade photos per
property
• Folders will be uploaded into
Application
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Individual Property Packet - cont’d
It’s OK. The process is further detailed in the
Guidelines from pages 6 to 8
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Consolidated Funding Application (CFA)
The CFA is New York State’s online application portal
• The CFA can accept attachments in .pdf, .jpg and .zip formats
• Each CFA question can only accept one attachment.
Multiple documents must be scanned together and made into one
.pdf document or one .zip folder
• One Master Hard Copy application MUST be sent to the Albany ESD
Office
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Documents for Application• Written commitment(s) of matching funds
• Proof of Notice of Public Hearing
• Proof of Publication of the Property Assessment List, must be
published in local daily newspaper for three consecutive days
(photocopies of newspaper or receipt from newspaper acceptable)
• A true and complete copy of the Municipal Resolution
• Five years operating pro forma
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Documents for Application - cont’d
• Letter from local planning/zoning
officials stating project compliance
• Site Map labeling all
properties
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Documents for Application - cont’d• Proposal from Developer (if not muni)
• Credentials/Qualifications/Resume of
Developer
• 3rd Party Estimates of Project Costs
• If completed: Environmental
Assessment Form (EAF),
Negative Declaration or Impact
Statement
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Application FeeA non-refundable check payable to Empire State
Development Corporation in the amount of:
• $2,000 for cities over 100,000 population
• $1,000 for cities and villages of 40,000-99,999 population
• $500 for all other municipalities
Application fee must be submitted with the Master Hardcopy Application to the
ESD Office at 625 Broadway, Albany, NY 12245
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Commitment Fee
Upon approval of a Project by the ESDC Board of Directors a
1% Commitment Fee, of the award amount, will assessed to
the applicant and due immediately
Commitment Fee will be a minimum of $100
ESDC reserves the right to award different amounts to
similar projects based on geographic representation across
the state and other scoring criteria
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Scoring Criteria
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State Historic Preservation Office (SHPO)
State funded activities that have the potential to affect historic properties, either directly or indirectly, must be evaluated by the State Historic Preservation Office (SHPO)
Review process does not need to be completed prior to submitting application, but must be completed prior to ESDC Board approval
If your project falls under the purview of SHPO you will be required to submit the necessary information in their Cultural Resource Information System (CRIS) portal, which can be found at:
http://nysparks.com/shpo/online-tools/
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State Environmental Quality Review (SEQR)
SEQR requires all state and local government agencies to consider
environmental impacts during discretionary decision-making
If SEQR consultation is needed for a project the applicant will need to
submit either the Negative Declaration or the Environmental Impact
Statement (EIS) before ESDC Board Approval
For more information on the SEQR process visit their website at:
www.dec.ny.gov
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IMPORTANT DATES
Received by 5:00PM October 13 – Intent to Apply DeadlineMay be mailed to Attention Molly Bauer Restore NY, Empire State Development,
625 Broadway, Albany, NY 12245 or e-mail a signed pdf copy to
Received by 3:00PM December 15 – Application DeadlineMust have CFA completed and hardcopy received by Molly Bauer Restore NY,
Empire State Development, 625 Broadway, Albany, NY 12245