N.Y. Exec. Law § 918

§ 918. Financial assistance. 1. The secretary may enter into a\ncontract or contracts for grants to be made, within the limits of any\nappropriations therefor, for the following:\n a. To any local governments, or to two or more local governments, for\nprojects approved by the secretary which lead to preparation of a\nwaterfront revitalization program; provided, however, that such grants\nshall not exceed fifty percent of the approved cost of such projects;\n b. To any local government or local government agency for research,\ndesign, and other activities which serve to facilitate construction\nprojects provided for in an approved waterfront revitalization program;\nprovided, however, that such grants shall not exceed ten percent of the\nestimated cost of such construction project.\n 2. Funds available for the purposes of this section shall be allocated\nin a fair and equitable manner; such allocation shall reflect the\ninitiative shown by local governments in preparing waterfront\nrevitalization programs and in carrying them out.\n