On September 20, 2021, Mayor Bill de Blasio announced the launch of ElectrifyNYC, a program that will help New Yorkers install solar panels and air source heat pump technology. The program is designed to help the City advance its goals of reducing carbon emissions creating equitable access to green technologies.
Search Results for: Minority and Women-Owned Businesses
City Launches Fair Share NYC to Help Small Businesses Access Relief Funds
New federal relief funds are available for minority-owned, female-owned, and other small businesses. On January 13, 2021, Mayor Bill de Blasio and NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris launched Fair Share NYC. The campaign aims to support small businesses and to keep thousands of New Yorkers employed by connecting small business owners to federal relief funds.
New York City Acquisition Fund to Have Exclusive Focus on M/WBEs and Nonprofits
The fund currently has $210 million in lendable proceeds. On January 21, 2021, Mayor Bill de Blasio, along with the Taskforce on Racial Inclusion & Equity, the Department of Housing Preservation and Development, the Housing Development Corporation, Enterprise Community Partners, Local Initiatives Support Corporation, and a coalition of public, private and philanthropic partners announced that the New York City Acquisition Fund (NYCAF) will exclusively serve Minority and Women-Owned Businesses (M/WBEs) and nonprofits to support affordable … <Read More>
Mayor Signs Executive Order Supporting Minority and Women Owned Businesses
The City awarded over $3 billion in contracts to minority and women-owned businesses in FY19. The City is On July 28, 2020, Mayor Bill de Blasio signed Executive Order 59 to increase the City’s utilization of Minority and Women-Owned Businesses (M/WBEs), and also announced numerous programs with the Taskforce on Racial Inclusion and Equity that will connect Black and Latinx entrepreneurs to business opportunities.
Study Finds 2022 Fifth Avenue Holiday Open Streets an Economic Success
On October 10, 2023, Mayor Eric Adams announced that the ‘Open Streets’ holiday initiative along Fifth Avenue in Manhattan last holiday season was an economic success. During the initiative, the Department of Transportation and the Fifth Avenue Association created pedestrianized stretches of Fifth Avenue, Sixth Avenue, West 49th Street, and West 50th Street between 12:00 pm and 6:00 pm on select Sundays in December.
City Announces Record Number of New Affordable Housing Units Constructed in 2021 Fiscal Year
The City is on track to create and preserve 200,000 affordable homes by the end of Mayor de Blasio’s administration. On July 26, 2021, Mayor Bill de Blasio and Deputy Mayor Vicki Been announced that the City created and preserved 28,310 affordable homes in the 2021 fiscal year.