ESD board adopts RMCI program guidelines to allocate up to $225 million for Rochester projects
Directors authorized program guidelines for the Rochester Monroe Transformation Initiative (RMCI), opening applications for capital grants totaling up to $225 million with a $2 million minimum request and rolling awards through the CFA portal.
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Chair Kevin Law convened the board and asked directors to authorize program guidelines for the Rochester Monroe Transformation Initiative, a FY27 budget initiative administered by Empire State Development. John Connors, deputy director for ESD's Finger Lakes region, told directors the program would make available up to $225,000,000 in capital grant funding for placemaking, adaptive reuse, innovation, infrastructure and public safety projects in the Rochester area.
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