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>
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Mayor Appoints Two Co-Executive Directors for Mayor’s Fund to Advance New York City
Last year the Mayor’s Fund helped immigrant families access relief funds and provided healthcare workers with food and essential care products. On January 19, 2021, Mayor Bill de Blasio appointed Daniele Baierlein and JL Paniagua Valle as Co-Executive Directors of the Mayor’s Fund to Advance New York City. The Mayor’s Fund is a non-profit organization that works with City agencies and hundreds of institutional funders to advance initiatives that improve equity across New York City.
New York State’s Congressional Delegation May Lose Two Members
According to a new report released on December 22, 2020 by Election Data Services, Inc. (EDS), New York State could lose up to two congressional districts after the official state population totals are announced in January.
City Planning Hears Application for New Office Building in Borough Park
The building will house the company’s administrative functions. On December 2, 2020, the City Planning Commission held a public hearing for an application from Chartwell Pharmaceuticals to build a new office building at 5802 – 5806 16th Avenue in Borough Park, Brooklyn. The application would rezone a residential district to a commercial district to facilitate the construction of a five-story office building. There are currently three mixed-use buildings whose current tenants have already agreed to … <Read More>
New Medgar Evers College Prep School Building to be Constructed in Brooklyn
The new building will replace eight Transportable Classroom Units. On November 23, 2020 Mayor Bill de Blasio announced the groundbreaking on the 681-seat new school building for the Medgar Evers College Preparatory School in Brooklyn. This project will be adjacent to the school’s current site at 1186 Carroll Street in Crown Heights. This project was undertaken by the Mayor’s Office in partnership with the Department of Education, the School Construction Authority, and the City University … <Read More>
New Acting Transportation Commissioner Appointed as Commissioner Trottenberg Departs
The new Acting Commissioner is a 26-year veteran of the Department of Transportation. On December 4, 2020, Mayor Bill de Blasio announced that Margaret Forgione will be the Acting Commissioner of the Department of Transportation after Commissioner Polly Trottenberg departs on December 11th.