Access to affordable, quality food is critical to building strong neighborhoods. The Food Retail Expansion to Support Health (FRESH) program brings healthy and affordable food options to communities by lowering the costs of owning, leasing, developing, and renovating supermarket retail space. Since launching in 2009, 28 projects have been approved for FRESH tax incentives across five […]
The Industrial Development Loan Fund (IDLF) provides strategic debt capital in the form of subordinate loans for industrial-related uses to selected applicants experiencing a gap in their funding resources. The IDLF intends to catalyze investment in 400,000 square feet of new or renovated industrial real estate across the city, supporting the creation of as many […]
A public initiative. With guidance and oversight from the Mayor’s Office, Made in NY: Fashion lives within New York City Economic Development Corporation (NYCEDC), the City’s primary engine for driving economic growth, entrepreneurship, and job creation. A suite of programs. In collaboration with the private sector, Made in NY: Fashion is responsible for creating, developing, and […]
To address the affordability crisis head on, in 2017 the City committed to accelerating and expanding the pace of Housing New York to achieve 300,000 affordable apartments by 2026. Through a range of strategies, including land use actions, new financing tools, partnerships with nonprofit organizations, and innovative new approaches, we will find more efficient ways […]
Every facet of life in the city — from the delivery of water and electricity to transportation, health care, and emergency response — has become deeply reliant on technology. Yet the proliferation of smartphones, sensors, and internet-connected devices within our homes, workplaces, and public spaces has also created more opportunities for cyber-attackers to steal data […]
To accelerate broadband access, the City will transform its approach to deploying broadband infrastructure by becoming a more active partner with the private sector. In 2019, we will release a new type of request for proposals (RFP) to partner with infrastructure and service providers to meet neighborhood connectivity needs. The RFP will leverage a new, […]
NEW YORK CITY’S CAPITAL PROGRAM MUST BALANCE FINANCIAL RESPONSIBILITY, HOLISTIC PLANNING, EQUITY, AND COMMUNITY PERSPECTIVES TO GUIDE INVESTMENTS. Our growing economy and population require forward-thinking planning that anticipates the needs of each neighborhood. Although the City plans for what it believes each neighborhood might need, residents are often best positioned to inform that determination. These […]
New York City is home to more than 230,000 small businesses, 50 percent of which are owned by immigrant New Yorkers. Small businesses are essential to both the local economy and the character of our neighborhoods, providing opportunities for individuals to strengthen their own economic security and employ members of their communities. The City supports […]
Industrial and manufacturing jobs provide good wages and career growth, especially for residents without postsecondary degrees. While the number of production-oriented positions has declined for decades due to automation, off-shoring, and competing uses for land, industrial jobs remain crucial to a 21st century economy — and the industry continues to grow and evolve here in […]
New York City is already a global tech hub, supported by worldclass research, a deep well of talent, and major industries, from banking to media to health care, that feed a robust tech ecosystem. The City is committed to investing in emerging industries that leverage technology, such as urban tech, cybersecurity, and blockchain. As part […]
