Program Is Now Closed.
NYSEG Emergency Economic Development Program Continues to Generate Interest; Applications Are Encouraged
– NYSEG, a subsidiary of Iberdrola USA, has approved more than $404,000 in emergency economic development flood recovery funding for 19 building redevelopment/revitalization and agricultural projects in Apalachin, Barton, Binghamton, Conklin, Endwell, Johnson City, Owego, Shandaken, Monticello, Prattsville, Petersburg, Union and Vestal. Another 65 applications are being evaluated.
“We are pleased with the response to our emergency economic development grant program, and continue to encourage eligible customers who have not applied for these funds to do so,” said Mark S. Lynch, president of NYSEG and RG&E. “Having seen first hand the devastation from last fall’s record flooding and the impact it continues to have on our communities, we trust that our emergency funding will help with ongoing recovery efforts.”
Last October, NYSEG requested and received approval from the New York State Public Service Commission to spend up to $7 million to assist eligible businesses, municipalities, large residential establishments, agri-businesses and farms affected by Hurricane Irene or Tropical Storm Lee.