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NYSEFC

NYSEFC

The EFC has issued more than $13 billion in both tax-exempt and taxable revenue bonds. The statutory basis for substantially all EFC activity stems from Title 12 of Article 5 of the NYS Public Authorities Law (also called the "EFC Act") in 1970.

EFC is involved in a comprehensive effort to protect and preserve the high-quality water supply in the New York City Watershed, while preserving and enhancing the economic vitality and social character of the communities within the watershed.

EFC APPROVES $497.5 MILLION IN GRANTS & LOANS TO UPGRADE LOCAL WASTEWATER AND DRINKING...

During, the second quarter of EFC’s fiscal year, commencing in July and ending on September 30, the Board of Directors of the New York State Environmental Facilities Corporation (EFC) has approved $497.5 million in grants and interest-free and low-cost loans to support vital wastewater and drinking water infrastructure projects throughout New York State.

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Former Dunkirk Mayor Sentenced For Using Campaign Contributions For His Own...

Acting U.S. Attorney James P. Kennedy, Jr. announced today former City of Dunkirk Mayor Richard L. Frey, 85, of Dunkirk, NY, who was convicted of wire fraud involving a scheme to defraud his mayoral campaign and his supporters by stealing campaign contributions for his personal benefit, was sentenced to six months home confinement by U.S. District Judge Richard J. Arcara. The defendant was also ordered to pay restitution totaling $54,361.30

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Trump Administration Reverses Course On Energy Efficiency Standard Following AG Lawsuit

Attorney General Eric T. Schneiderman issued the following statement on the Trump Administration’s notice that it will end its delay of energy efficiency standards for ceiling fans that offer dramatic air pollution reductions, as well as energy- and cost-savings to consumers and businesses. Attorney General Schneiderman, leading a 11-member state and municipal coalition, had sued the Trump Department of Energy (DOE) in April, charging that the Administration’s continued delay of the effective date of the rule violated federal law.