The Western New York Power Proceeds Allocation Act, effective March 30, 2012, created the Western New York Power Proceeds Allocation Board (WNYPPAB), and required the New York Power Authority (NYPA) to establish the Western New York Economic Development Fund (Fund). The primary role of the WNYPPAB is to solicit and review applications, and make funding recommendations to the NYPA Board of Trustees. (By-Laws)
THE WESTERN NEW YORK ECONOMIC
An “Eligible Project” is an economic development project by an applicant that is physically located in the State of New York within a 30-mile radius of the NYPA Niagara project in Lewiston. Access the PDF of the Niagara Thirty Mile Zone here.
“Eligible Projects” are those that support the growth of business in the State and thereby lead to the creation or maintenance of jobs and tax revenues for the state and local governments. Examples of eligible projects include, workforce development; energy-related projects, programs and services; capital investments in buildings, equipment, and associated infrastructure (collectively, "infrastructure") owned by an Eligible Applicant for Fund Benefits; transportation projects under state or federally approved plans; the acquisition of land needed for infrastructure; research and development where the results of such research and development will directly benefit New York state and support for tourism and marketing and advertising efforts for Western New York and Finger Lakes Regional tourism and business.
how to apply
Download the Preliminary Project Information Worksheet and enter the requested information. Send the completed document to the WNYPPAB staff at the email address located to the right. Once reviewed, the WNYPPAB staff will contact applicants with next steps.
Please download a copy of the Guidelines to assist you in completing the Application and in understanding the key details of the program.
Take a tour of Yancey's Fancy Artisan Cheese of Corfu, NY, one of the latest businesses to benefit from the WNYPPAB program.
Diversified Manufacturing of Lockport, NY, is another WNYPPAB funds recipient.
Anthony Colucci III, Chair
Deanna Alterio Brennen
Brenda Williams McDuffie
The next meeting will be held Tuesday, September 1, 2015 at 12:00 p.m.
95 Perry Street
Buffalo, NY 14203