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Economic Development & Housing

Empire State Development

ESD · FY2024 · 2023-2024 Session

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

Total appropriation

$1.6B

All Funds

Workforce

320

FTE positions

% of state budget

0.70%

of $229B All Funds

% of Economic Development & Housing

32.7%

of $4.9B

Line items

How the $1.6B is allocated across major program areas.

ProgramCategoryAmountShare
Regional Economic Dev. Council awardsAid / Grants$0.72B
44.4%
Excelsior & film tax creditsAid / Grants$0.54B
33.3%
Admin & marketingState Operations$0.18B
11.1%
Capital grantsCapital$0.18B
11.1%
Total mapped$1.62B100%

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, FY2024. Figures are approximate and rounded for display.