The sum of $400,000,000 is hereby appropriated for the payment, over a multi-year period, of capital costs of regionally significant economic development initiatives that create or retain private sector jobs. Funds shall not be available from this appropriation for projects within regions that are eligible to receive funding from the Upstate Revitalization Initiative or the Buffalo Regional Innovation Cluster Program. Funds appropriated herein shall be available for project costs, services, expenses, loans and grants that catalyze private investment, grow commercial and residential tax bases and enhance the environment and quality of life for New York State residents. Investment purposes may include, but shall not be limited to, support of manufacturing, agriculture, business parks, community anchor facilities, county and local fairgrounds, advanced technology, biotechnology and biomedical facilities, and main street revitalization. The portion of any such project funded by this appropriation shall be no less than $5,000,000. All or a portion of the funds may be suballocated or transferred to any department, agency, or public authority (91161509) …………. 400,000,000