In the most recent fiscal year, New York made more investments in water infrastructure than in any prior year.
Announcing the record spending Wednesday at Albany’s Corning Preserve, President and CEO of New York’s Environmental Facilities Corporation Maureen Coleman says nearly 330 projects were executed with financial assistance in the last fiscal year -- a 55 percent increase year-to-year.
“In state fiscal year 2025 EFC didn't just invest $3.4 billion in infrastructure. We invested in public health, in natural habitats, in resilience and in the future of New York and clean water for every New Yorker is a goal we will meet together,” Coleman said.
The projects are meant to improve water quality, create jobs, and protect public health. Largely paid through the State Revolving Fund, whic