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 Investment in Bike Infrastructure for New York City
Three miles of new bike lanes will be created. On October 14, 2020, Mayor de Blasio announced that more than three miles of protected bike lanes have been completed in Midtown Manhattan and the Upper West Side, including uptown protected lanes on both Sixth Avenue and Central Park West.
New York City Council Approves Two Bills Limiting Third-Party Delivery Service Fees
Council Bills intended to support the restaurant industry and small business. On May 13, 2020 the New York City Council voted to approve two bills intended to restrict the amount of fees third-party delivery services can charge restaurants during the COVID-19 pandemic and restaurant closures. Intro 1898-A, which essentially prevents fees to restaurants when no actual transaction results, was approved with 47 votes in the affirmative and three votes in the negative. Intro 1908-B, which … <Read More>
New York City Council to Hold First Ever Virtual Stated Meeting
Follow CityLand on twitter if you cannot watch City Council’s first ever virtual Stated meeting. On April 15, 2020, the New York City Council announced that it will be holding a Stated meeting on Wednesday April 22, 2020 at 1:30 PM. The meeting will be held remotely, a first for the New York City Council. The Stated meeting will be the first since February 27, 2020. The subsequently scheduled meetings were all canceled due to … <Read More>
New York City Adding and Converting Facilities to Alleviate Pressure on Hospital System
USNS Comfort and Billie Jean King Tennis Center to be utilized as Corona outbreak strains hospital system. On March 31. 2020, Mayor Bill de Blasio announced the Billie Jean King Tennis Center in Flushing Meadow, Queens will be converted into a temporary hospital facility. The facility will hold up to 350 patients and will treat COVID non ICU patients beginning on April 7th, 2020. The conversion of this facility is intended to relieve … <Read More>