RESTORE New York Communities Initiative Municipal Grant Program
Round 7 Proposal Due Date: 3:00 p.m. – Friday, January 27, 2023
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
Vacant
Can be:
Abandoned
Condemned
Surplus
Demolished
Rehabilitated
Deconstructed
Reconstructed
Funds can be used for site development and infrastructure needs related to the project
• Architecturally consistent with nearby and adjacent properties, or • Consistent with the municipality’s local revitalization or urban development plan
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
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
Funding Limits Project must have at least 10% in matching funds of total project cost Cash and in-kind contributions are allowed
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
cont’d • Site Map labeling all properties •
Letter from local planning/zoning officials stating project compliance
• • •
Proposal from Developer (if not muni) Credentials/Qualifications/Resume of Developer 3rd Party Estimates of Project Costs
•
Environmental Assessment Form (EAF), Negative Declaration or Impact Statement
Application Fee A non-refundable check payable to Empire State Development Corporation in the amount of: • $2,000 for cities 100,000 and over population • $1,000 for cities, towns & villages of 40,000-99,999 pop. • $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
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
Scoring Criteria
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/
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
IMPORTANT DATES Received by 3:00PM November 30, 2022 – Intent to Apply Deadline Received by 3:00PM January 27, 2023 – Application Deadline
West Webster Hamlet Revitalization Project
Town of Webster Project Area
Town of Webster Project Area Site 1: Owner – Ridgepointe Drive 1 Corp 600 Ridge Road SBL – 78.20-1-11 Site 2: Owner – Louis Buddy Inc 602 Ridge Road SBL – 78.20-1-16 Site 3: Owner – Aqua Valley Inc 603 Ridge Road SBL – 78.20-1-68 Site 4: Owner – Hopwood LLC 1041 Gravel Road SBL – 78.20-1-84 Site 5: Owner – C. Provenzano 1043 Gravel Road SBL – 78.20-1-83
Town of Webster Project Area Site 1: Owner – Ridgepointe Drive 1 Corp 600 Ridge Road SBL – 78.20-1-11 Status: Abandoned, Contaminated Proposed Action: Rehabilitation Anticipated Cost: $851,000 • $395,000 – Building Rehabilitation • $225,000 – Demo, Site, Abatement • $117,500 – Soft Costs, Investigations • $113,500 – Contingencies Anticipated Restore NY Request: $522,500
Town of Webster Project Area Site 1: Owner – Ridgepointe Drive 1 Corp 600 Ridge Road SBL – 78.20-1-11 Efforts to Date: $39,400 • $1,800 – Structural Assessment • $30,600 – Environmental Assessment • $2,000 – Securing vacant structure • $5,000 – Income Survey
Town of Webster Project Area Site 2: Owner – Louis Buddy Inc 602 Ridge Road SBL – 78.20-1-16 Status: Vacant Proposed Action: Rehabilitation Anticipated Cost: $2,275,500 • $1,250,000 – Building Rehabilitation • $530,000 – Demo, Site, Abatement • $220,500 – Soft Costs, Investigations • $275,000 – Contingencies Anticipated Restore NY Request: $890,000
Town of Webster Project Area Site 3: Owner – Aqua Valley Inc 603 Ridge Road SBL – 78.20-1-68 Status: Vacant Proposed Action: Rehabilitation Anticipated Cost: $294,200 • $197,000 – 2nd Floor Access/Rehab • $25,000 – Demo, Site, Abatement • $32,500 – Soft Costs, Investigations • $20,000 – Contingencies Anticipated Restore NY Request: $199,800
Town of Webster Project Area Webster, New York Google
Jul 2019
Site 4: Owner – Hopwood LLC 1041 Gravel Road SBL – 78.20-1-84 Status: Vacant Proposed Action: Rehabilitation Anticipated Cost: $175,000 • $100,000 – Building Rehabilitation • $25,000 – Demo, Site, Abatement • $25,000 – Soft Costs, Investigations • $25,000 – Contingencies Potential Restore NY Request: $100,000 No strong interest to date by the property owner to participate in the program.
Town of Webster Project Area
1014 Gravel Rd Webster, New York Google Street View - Jul 2019
Site 5: Owner – C. Provenzano 1043 Gravel Road SBL – 78.20-1-83 Status: Unknown Proposed Action: Rehabilitation Anticipated Cost: $175,000 • $100,000 – Building Rehabilitation • $25,000 – Demo, Site, Abatement • $25,000 – Soft Costs, Investigations • $25,000 – Contingencies Potential Restore NY Request: $100,000 No strong interest to date by the property owner to participate in the program.
Town of Webster Restore NY Application
Summary Anticipated Total Restore NY Project: $3,420,700 Anticipated Restore NY Request (sites 1,2,3 only): $1,612,300
Town of Webster Restore NY Application THANK YOU! Matt Chatfield Executive Director Webster Economic Development Alliance matt.chatfield@WebsterEDA.org ECONOMIC DEVELOPMENT ALLIANCE