New York A04271 awards grants to municipalities for non-transportation capital improvement projects, with a maximum grant of $250,000 per project.

New York A04271 amends the state finance law to establish a local government capital improvement grant program. The bill authorizes the Secretary of State to award matching grants to municipalities for non-transportation related capital improvement projects. Each grant must not exceed $250,000, and municipalities must provide matching funds equal to at least 50% of the project's total cost. The bill also appropriates $5 million for this purpose, to be made immediately available. The program is intended to support municipalities with populations under 75,000.

New York A04271 awards grants to municipalities for non-transportation capital improvement projects, with a maximum grant of $250,000 per project.

New York A04271 amends the state finance law to establish a local government capital improvement grant program. The bill authorizes the Secretary of State to award matching grants to municipalities for non-transportation related capital improvement projects. Each grant must not exceed $250,000, and municipalities must provide matching funds equal to at least 50% of the project's total cost. The bill also appropriates $5 million for this purpose, to be made immediately available. The program is intended to support municipalities with populations under 75,000.