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CDBG Disaster Recovery Assistance- Empire State Development Corporation


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Grantee Contact

Mr. Avi Schick,
Empire State Development Corporation
633 Third Avenue
New York, NY 10017

Expenditures by Activity Category

A grant was awarded in the amount of $700,000,000. As reported by the last approved quarterly report for the period ending March 30, 2006, the following types of activities were funded under grants B-01-DW-36-0001 and B-02-DW-36-0002:

	Budgeted	Actual to Date	Percent
Econ. development or recovery activity that creates/retains jobs	$332,900,000	$25,922,539	97.9%
Payment for compensation for economic losses (WTC-only)	$353,100,000	$353,097,634	100.0%
Administration	$14,000,000	$11,965,627	85.5%
TOTAL	$700,000,000	$690,985,800

Accomplishments by Activity Category

As reported by the last approved quarterly report for the period ending March 30, 2006, accomplishments under grants B-01-DW-36-0001 and B-02-DW-36-0002 included:

Econ. development or recovery activity that creates/ retains jobs		Projected	Actual
# of Businesses	Total	107,744	142,861
# of Persons Benefitting	Total	94,126	178,428

Payment for compensation for economic losses		Projected	Actual
# of Businesses	Total	13,488	14,247
# of Non-business organizations benefitting	Total	474	493
# of Wage-Earners benefitting	Total	-	64,402
# of Wage-Earners benefitting	Mod Income	-	21,513
# of Wage-Earners benefitting	Low Income	-	42,889

Content current as of 10 September 2008

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