In the three years of New York's state government’s ambitious Consolidated Funding Applications (CFA) process, $18 million in state grants have been awarded to Ulster County projects. This week’s economy column will tell you where it went.
CFA is a system devised by the state administration of Andrew Cuomo to systematize priorities and make choices in the awarding of state grants to local projects. In three annual rounds in 2011, 2012 and 2013, the state government has announced more than two billion dollars of awards and grants statewide under CFA — a sum inflated to include funds to local recipients from state bonds issued for housing, energy, job credits and industrial development projects.
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