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Development commissioner outlines $67M in pending grant applications, warns of federal/state funding risks
Summary
Commissioner of Development Adam Salgado told the City Council’s Committee of the Whole on June 10 that New Rochelle has secured about $22 million in recent grants and currently has roughly $67 million in pending applications, while warning that several state and federal funding streams are at risk from pending budget bills.
Commissioner of Development Adam Salgado briefed the City Council’s Committee of the Whole on June 10 about the city’s grant funding strategy, previously awarded grants and a set of at-risk programs the city is monitoring.
Salgado said the city has secured over $22 million across infrastructure, economic development and sustainability programs in recent cycles and currently has roughly $67 million in competitive grant applications pending for 2025. Those pending applications, he said, span public-space enhancements, housing support and transit-adjacent projects.
Why the briefing matters
Salgado framed the presentation around both opportunities and specific risks: some large state and federal funding streams have language or pending amendments that could rescind awards or change eligibility. The most immediate threat he identified was a budget reconciliation measure that, if enacted in its then-current form, could rescind certain state grants described as neighborhood access and equity programs and end some "direct pay" clean energy tax-credit mechanisms; the city had a $16 million award in one equity program that Salgado said could be…
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