Partnerships

Southern Tier 8 Regional Board represents eight counties as the 6th largest Local Development District for the Appalachian Regional Commission (ARC), and five counties as an Economic Development District under the US Economic Development Administration (EDA). Federal partners, ARC and EDA offer investments to leverage private sector dollars that increase job opportunities, raise per capita income, promote infrastructure improvements and strengthen the capacity of our people to compete in global economies. County participation and investments make these programs possible, with an average annual return of $42 per $1 of local investment

ARC’s Area Wide Development Program

The Appalachian Regional Commission (ARC) is a regional economic development agency that represents a partnership of federal, state and local government. Established by an act of Congress in 1965, ARC is composed of the governors of the 13 Appalachian states and a federal co-chair, who is appointed by the president. New York State Department of State serves as the state partner for this federal investment opportunity. Local participation is provided through multi-county local development districts (LDDs). Southern Tier 8 is the Region’s Local Development District and if your project idea or program concept serves the counties of Broome, Chenango, Cortland, Delaware, Otsego, Schoharie, Tioga, or Tompkins, you are welcome to work with the team of Southern Tier 8 to develop your Area Wide Development Program application. The team will assist applicants with questions about program development, partners, grant writing, match and support requirements and budgets.

ARC 2016–2020 Strategic Investment Goals

Goal 1: Economic Opportunities
Invest in entrepreneurial and business development strategies that strengthen Appalachia’s economy.

Goal 2: Ready Workforce
Improve the education, knowledge, skills, and health of residents to work and succeed in Appalachia.

Goal 3: Critical Infrastructure
Invest in critical infrastructure—especially broadband; transportation, including the Appalachian Development Highway System; and water/wastewater systems.

Goal 4: Natural and Cultural Assets
Strengthen Appalachia’s community and economic development potential by leveraging the Region’s natural and cultural heritage assets. (NOTE: ARC may have limited 2021 investments in this goal area).

Goal 5: Leadership and Community Capacity
Build the capacity and skills of current and next-generation leaders and organizations to innovate, collaborate, and advance community and economic development.

2016-2020 Appalachian Regional Commission’s Five-Year Strategic Plan.  Eligible entities include incorporated not-for-profits, municipalities (towns, villages, counties) and other public entities such as IDAs and educational institutions in the member counties.  Eligible maximum amount funded: $150,000. Funds must be matched at least dollar per dollar with cash and/or in-kind goods or services depending upon the type of proposal.  Projects with committed match will rank higher than those with pending match.  Funds must be used for new activities/programs, or for an expansion of activities/programs. Funding of existing programs is not an eligible expense. *A “basic agency” will be required for any construction project.  Projects serving Opportunity Zone communities may rank higher than other projects.

The ARC FY2021 funding cycle is underway. If interested in FY2022 opportunities, please sign up for our FY2022 mailing list below

In planning your next project, Review the ARC Strategic Plan & NY Program Strategies document & be ready to define how your expanded program or new project supports ARC’s Investment Goals. Review our 2021 program here.

Review the Performance Measures document for YOUR SPECIFIC GOAL AREA & then define your project’s impact by defining your unique performance measures  (See Guidance document Performance Measures )

Information regarding construction projects: ARC requires construction projects to have an additional partner or “basic agency”.  Often the basic agency is USDA or EDA and will require you to prepare an additional application for the “basic agency” (with approvals before ARC’s investment is engaged). Basic Agency Partners Basic Agency Grant Management 

Note: All funded projects and programs are required to observe eCFR 200 Federal Regulations More Information . 

EDA’s Public Works & Economic Adjustment Assistance Programs

The U.S. Economic Development Administration’s (EDA) investment policy is designed to establish a foundation for sustainable job growth and the building of durable regional economies throughout the United States. This foundation builds upon two key economic drivers – innovation and regional collaboration. EDA’s grant investments in planning, technical assistance and infrastructure construction are designed to leverage existing regional assets to support the implementation of economic development strategies that make it easier for businesses to start and grow. Public Works programs support physical infrastructure development in distressed communities. Eligible applicants must be a state, a political subdivision of a state, district organization, Indian tribe, institution of higher education, or a non-profit acting in coordination with a political subdivision of a state. Proposals must be based on a locally developed CEDS and funds must be matched at least dollar per dollar with cash.

Eligible areas must meet the specific economic distress criteria:

  1. An unemployment rate that is for the most recent twenty-four (24) month period of which data is available, or
  2. At least one (1) percent greater than the national average unemployment rate; or per capita income that is, for the most recent period for which data is available, eighty 80%, or less of the national average per capita income; or
  3. A “special need” (certain unemployment or economic adjustment problems) as determined by EDA.

Deadlines for Consideration

The EDA Public Works and Economic Adjustment Assistance Investment Programs are accepted continuously and evaluated on a quarterly basis. Note: Per Capita Income, population and additional data can be found on our Resources Page.

EDA Assistance in Opportunity Zones

EDA is encouraging our economic development partners to think of Opportunity Zone investment as a new arrow in their quiver to not only enhance ROI for business interests, but also to encourage the public/private partnerships needed to drive private investment to distressed areas. Steps EDA has taken to prioritize Opportunity Zones, include:

The EDA Public Works and Economic Adjustment Assistance Investment Programs are accepted continuously and evaluated on a quarterly basis. Note: Per Capita Income, population and additional data can be found on our Resources Page.

Loan Programs

The Southern Tier Regional Economic Development Corporation (STREDC) is offering two new loan programs in:

  1. Agricultural Investment
  2. Community Revitalization

Criteria:

  • Loans of up to $ 250,000, or 50% of a project, whichever is greater.
  • Interest fixed at 75% of prime at time of approval.
  • Term of up to 15 years.

More details can be found with STREDC.