Gov. Hochul Shares Guidelines for Green Chips Community Investment Fund

Governor Kathy Hochul unveiled the guidelines for the $500 million Green CHIPS Community Investment Fund which was created as part of the Green CHIPS incentive agreement between Micron and Empire State Development. The Fund was established to amplify the benefits of Micron’s $100 billion investment in New York State, which represents a once-in-a-generation opportunity for Central New York. Micron’s presence will create nearly 50,000 jobs, including 9,000 new, high-paying Micron jobs and thousands and thousands of prevailing wage construction jobs. When complete, the complex will include clean room space at approximately 2.4 million square feet, the size of nearly 40 football fields. Information about the fund, including program guidelines, eligibility criteria and how to apply, can be found on ESD’s website. 

The Fund will support investments in four categories: workforce development, education, community investments, and housing. In keeping with Governor Hochul and Micron’s emphasis on meaningful, ground-up participation in the Green CHIPS Community Investment Fund, the program guidelines center on the grassroots priorities outlined in the recently released Community Priorities Document (CPD) from the Central New York Community Engagement Committee. These elements form the key criteria in the program guidelines with special consideration given for projects that address the immediate priorities identified in the CPD.

CenterState CEO is proud to have helped in the creation of the Community Priorities Document through staff support, strategic communications assistance, market analysis, public engagement assistance, project management and research. Those interested in submitting a letter of intent for are encouraged to reach out to CenterState CEO for assistance with the process.