On September 23, 2024, Mayor Eric Adams announced that New York City was issued $260 million in federal grants from the U.S. Department of Transportation through the Bipartisan Infrastructure Law. The funding will support key infrastructure projects in New York City, including the transformation of the Brooklyn Marine Terminal and the construction of a greenway segment along 10th Avenue in Inwood. The City has secured $2.37 billion in funding, including roughly $1.3 billion in competitive … <Read More>
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City Receives Over $120 Million in Grants for Queensway and BQE Projects
On March 13, 2024, New York City Mayor Eric Adams announced the City’s acceptance of two federal grants worth a total of $123.6 million. The grants, “Reconnecting Communities and Neighborhoods Program” and “Neighborhood Access and Equity Program” were issued by the U.S. Department of Transportation and will be used on the Queensway project and for the Brooklyn Queens Expressway (BQE).
Around $117 million of the federal grants will go towards developing further the Queensway, a … <Read More>
City Receives Over $10 Million in Grants to Support Electrification of Governors Island Ferry, Operation of Staten Island Ferry
On December 1, 2023, Mayor Eric Adams announced that the city has received over $10 million from the U.S. Federal Transit Administration to support ferry services to Staten Island and Governor’s Island. The funding includes a $7.5 million grant to install shoreside rapid charging infrastructure for the new hybrid-electric Governors Island Ferry and $3 million to rehabilitate the City’s Department of Transportation offsite storage facility that supports the Staten Island Ferry.
New City Program to Assist Restaurants in Accessing Federal Grants
The Fair Share NYC: Restaurants Program helps to provide funds to restaurants that were hit hardest by the COVID-19 pandemic by connecting them to federal grants. On April 28, 2021, Mayor Bill de Blasio and the Department of Small Business Services announced the launch of Fair Share NYC: Restaurants. This new program will help connect restaurants to federal relief funds.
City Awards $38 Million in Infrastructure Grants for City Science Institutions
Four New York City leading scientific research facilities are receiving infrastructure grants to advance innovation and public health. On January 21, 2021, Mayor de Blasio announced that Columbia University, Montefiore-Einstein, the New York Stem Cell Foundation, and Rockefeller University are the four winners of $38 million in infrastructure grants for research and development departments. These grants come as a part of LifeSci NYC, a $500 million project with the goal of establishing New York … <Read More>