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Economic Development & Housing

Empire State Development

ESD · FY2027 · 2025-2026 Session

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

Total appropriation

$2.0B

All Funds

Workforce

330

FTE positions

% of state budget

0.75%

of $268B All Funds

% of Economic Development & Housing

32.3%

of $6.2B

Line items

How the $2.0B is allocated across major program areas.

ProgramCategoryAmountShare
Regional Economic Dev. Council awardsAid / Grants$0.90B
45.0%
Excelsior & film tax creditsAid / Grants$0.70B
35.0%
Admin & marketingState Operations$0.20B
10.0%
Capital grantsCapital$0.20B
10.0%
Total mapped$2.00B100%

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, FY2027. Figures are approximate and rounded for display.