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.
Governor Suspends Indoor Dining, Updates COVID Zones as Hospitalization Rates Continue to Rise
Indoor dining will be suspended in New York City while gyms and salons can operate on new guidelines. On December 11, 2020, Governor Andrew Cuomo announced changes to COVID restriction guidelines starting Monday, December 14th. Among these changes, indoor dining would be suspended across New York City due to the increase in COVID-19 hospitalization rates. Outdoor dining and takeout/delivery are still permitted. Indoor dining will be allowed to continue at only 25 percent capacity across … <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.
Reducing Racial Bias Embedded in Land Use Codes
Even though the Supreme Court struck down race-based land use controls over a hundred years ago in Buchanan v. Warley, 245 U.S. 60 (1917) it has long been known that zoning continues to create or increase racial and economic segregation. Today communities across the U.S. are reexamining their zoning regulations to create more equal, equitable, inclusive, and resilient communities by removing requirements, limitations, or prohibitions that disproportionately and negatively impact individuals based on race … <Read More>
Housing Rights Civic Tech Competition Winners Announced
NYC[x] Co-Labs challenge hopes to address housing rights of NYC’s most vulnerable communities. On November 12, 2020, the New York Mayor’s Office of the Chief Technology Officer, the New York City Economic Development Corporation, the NYC Department of Housing Preservation and Development, the NYC Mayor’s Office to Protect Tenants, and the communities of Inwood and Washington Heights announced the winners and the honorable mentions for the NYC[x] Co-Labs Housing Rights Challenge. This challenge invited innovative … <Read More>