2017 New York Laws
EXC - Executive
Article 42 - Waterfront Revitalization of Coastal Areas and Inland Waterways
918 - Financial Assistance.

 918.  Financial  assistance.  1.  The  secretary  may  enter  into a
  contract or contracts for grants or payments  to  be  made,  within  the
  limits of any appropriations therefor, for the following:
a.  To any local governments, or to two or more local governments, for
  projects approved by the  secretary  which  lead  to  preparation  of  a
  waterfront  revitalization  program; provided, however, that such grants
  or payments shall not exceed seventy-five percent of the  approved  cost
  of   such   projects   provided,   however,   in  environmental  justice
  communities, such assistance payments and/or technical assistance  shall
  not exceed eighty-five percent of the cost of the program;
b.  To  any  local government or local government agency for research,
  design, and other activities  which  serve  to  facilitate  construction
  projects  provided for in an approved waterfront revitalization program;
  provided, however, that such projects shall take into account the future
  physical climate risk due to sea level rise, and/or storm surges  and/or
  flooding,  based  on  available data predicting the likelihood of future
  extreme weather events including hazard risk analysis data if applicable
  and provided, further, that such grants or payments shall not exceed ten
  percent of the estimated cost of such construction project.
2. Funds available for the purposes of this section shall be allocated
  in a fair and  equitable  manner;  such  allocation  shall  reflect  the
  initiative   shown   by   local   governments  in  preparing  waterfront
  revitalization programs and in carrying them out.