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.
