N.Y. announces $5M for new Veterans' Nonprofit Capital Program

ALBANY | Gov. Kathy Hochul has announced the availability of $5 million through the state's newly created Veterans' Nonprofit Capital Program. Beginning on Veterans Day, eligible nonprofit veterans' organizations can apply for reimbursement for costs related to capital improvements designed to expand and enhance quality services available to the state's veterans, service members and their families. Funding for projects will range between $25,000 and $75,000 and be administered by the New York State Division of Veterans' Services. "The work done to support our veterans and their families extends to the entire community through Veterans' organizations which provide critical services," Gov. Hochul said. "The $5 million available today ensures these critical resources have the infrastructure to safely and effectively continue their work of serving those who have protected our democracy and freedoms." Funding through the Veterans' Nonprofit Capital Program is limited to the following: design, construction, reconstruction, rehabilitation or expansion of an eligible facility; purchase of furnishings or equipment for an eligible facility, provided the furnishings or equipment have a useful life of 10 years or more; and certain construction soft costs including architectural, engineering and design. Eligible projects include, but are not limited to, replacing a roof, paving a parking lot, or making a building ADA compliant. For the purposes of this program, veterans' organizations are defined as any not-for-profit organization doing business in the state, the membership of which consists of individuals who were members of the United States Armed Forces and/or which the main purpose of the organization is to benefit members of the country's Armed Forces. The Division of Veterans' Services will host a webinar for potential applicants on Thursday, Jan. 12, to outline the program and application process. Applicants are encouraged to attend the webinar and/or submit questions about the Veterans' Nonprofit Capital Program to grants@veterans.ny.gov. Applicants also can find more information on the New York State Grants Gateway website, which must be used to submit the application for funding. The deadline for applications is 4 p.m. March 31.

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N.Y. announces $5M for new Veterans' Nonprofit Capital Program

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