FAST NY Shovel-Ready Grant Program

Administered by Empire State Development · New York

BENEFIT

Up to $500K

Deadline type: rolling

Eligibility Requirements

1Municipalities or municipally-designated nonprofit economic development organizations
2Sites must be at least 40 acres (exceptions for compelling cases)
3Pre-development grants up to $500,000 per site
4Intent to Apply Form must be submitted and approved

Eligible Project Types

IndustrialBrownfield

STACKING POTENTIAL

FAST NY Shovel-Ready Grant Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN

View the FAST NY Shovel-Ready Grant Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: Empire State Development official program page ↗ · Last verified 2026-06-23

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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