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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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SARATOGA & CAPITAL REGION HOMEOWNERS IN TAX JEOPARDY AS NEWLY CONFIRMED...

Standing with Saratoga County homeowners and amidst rising local anxiety, today U.S. Senate Minority Leader Charles E. Schumer launched a push to preserve popular, but increasingly at-risk tax deductions Saratoga homeowners and taxpayers depend upon to keep the Capital Region’s cost of living in-check. Whether new Saratoga homeowners, longtime owners, or those looking to buy right now, Schumer said locals are in tax jeopardy as newly-confirmed U.S. Treasury Secretary Mnuchin has suggested threats to mortgage, state and local property tax deductions.