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Economic Development & Housing

Empire State Development

ESD · FY2025 · 2023-2024 Session

Administers economic-development grants, business tax credits, and the regional economic-development councils.

Total appropriation

$1.7B

All Funds

Workforce

320

FTE positions

% of state budget

0.72%

of $237B All Funds

% of Economic Development & Housing

34.0%

of $5.0B

Line items

How the $1.7B is allocated across major program areas.

ProgramCategoryAmountShare
Regional Economic Dev. Council awardsAid / Grants$0.75B
44.4%
Excelsior & film tax creditsAid / Grants$0.56B
33.1%
Admin & marketingState Operations$0.19B
11.2%
Capital grantsCapital$0.19B
11.2%
Total mapped$1.69B100%

Related Article VII bills

These are the budget-bill slots that carry ESD appropriations.

Other Economic Development & Housing agencies

Peers within the same functional area.

Source: NYS Division of the Budget Enacted Budget Financial Plan, FY2025. Figures are approximate and rounded for display.