Status: Closed
Type
Capital, Operating
Source
New York City
Procurement Agency
NYC Borough President, City Council
Summary
City Council and Borough President Discretionary Funding (Reso A) provides capital grants for housing development and preservation projects.
AKA/Previously Known As
Resolution A or Reso A
Tenant Eligibility Criteria
This funding is usually allocated for projects with a significant affordable housing component.
Eligible Applicants
Only nonprofit developers and providers are eligible to apply.
Amount
Council member and BP discretionary funds vary widely, especially among capital projects. The minimum request for capital projects is $500,000 per project and $35,000 per housing unit for buildings on non-City-owned property.
Term
Appropriations are for the City's fiscal year: July 1 to June 30.
Network Notes
- In NYC, nonprofit orgnaizations can apply for capital and operating grants. City Council receives approximately $50 million a year, divided amongst the 51 Council Members. Borough President (BP) funding amounts vary by borough by year.
- Funded projects are expected to be of service to the community for at least five years.
- Organizations must be compliant with requirements of prior City agreements. City capital funds can only be used for administrative uses when the funds are also used for front-line services. Prevailing wages and green building standards may apply.
For More Information
Brooklyn Borough President: To apply to the Brooklyn Borough President’s Office for capital funding for Fiscal Year 2020, organizations must fill out an application by 11:59 pm on Wednesday, February 13, 2019. In addition, organizations should complete the CapGrants portal application by 5 pm on February 20, 2019.
Bronx Borough President: The office is currently accepting Letters of Intent for Fiscal Year 2020 and orgnaizations should send a letter as soon as possible. Organizations must apply by 5 pm on Wednesday, February 20, 2019.
Manhattan Borough President: Nonprofits can apply for grants on the city’s CapGrants portal. Organizations must apply by 5 pm on Wednesday, February 20, 2019.
Queens Borough President: Organizations are encouraged to apply as soon as possible. Organizations must apply by 5 pm on Wednesday, February 20, 2019.
Staten Island Borough President: All requests for capital funding from the Staten Island Borough President must be submitted via mail or email. Applications also should be submitted with a cover letter. The deadline to submit the SI BP’s online capital funding application is Friday, February 10th, 2019. Organizations must also apply through CapGrants by 5 pm on Wednesday, February 20, 2019.
Contact
Contact individual Council Members. For Council Member contact info, visit here. For borough items, contact the budget director for each individual BP.
Last updated: 08/28/2019