BBP opens application period for capital funding projects

January 7, 2025 Brooklyn Eagle Staff

Remarks from Brooklyn Borough President Antonio Reynoso. Brooklyn Eagle photo by John McCarten

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BOROUGHWIDE — THE APPLICATION PERIOD HAS OPENED for those seeking funding from Brooklyn Borough President Antonio Reynoso’s Fiscal Year 2026. The New York City Charter allows the five Borough Presidents to allocate capital funding to qualified projects on an annual basis as part of the City’s budget process. This capital funding is used to make improvements across the borough by creating new infrastructure and upgrading existing assets and can be allocated to parks, streets, schools, hospitals, economic development and affordable housing projects, cultural institutions and other nonprofit organizations. The New York City Office of Management and Budget issues guidelines that restrict the types of projects to which capital funding can be allocated, as well as the types of organizations to which capital funding can be allocated.

Organizations can reach Astrid Cuas, director of Capital Expense & Budget, with questions by emailing [email protected] and can apply online. All applications requesting funding from borough presidents (including those also requesting funding from City Council or DCLA) must do so by Thursday, Feb. 20 at 5 p.m. Those requesting funds only from City Council have until March 20 at 5 p.m.

“The applications we receive help us understand Brooklyn’s priorities and needs,” said Reynoso. “In my first year, we made historic investments in Brooklyn’s public hospitals to address the maternal mortality crisis in our borough.”

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