INWOOD REZONING: Investment in Economic Development and Workforce Development for our community!
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NYCx Co-Lab in Inwood. Co- Labs combines technology piloting and education in high-need, high-opportunity neighborhoods by connecting local residents, government, academia, and tech entrepreneurs to identify, co-develop, and test innovative solutions that address the community.
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Certificate programs for Safe Serve and Home Health Aide at the Activities, Culture, and Training (ACTS) Center in The Eliza development.
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Upper Manhattan Empowerment Zone (UMEZ) will provide capital to Inwood businesses. UMEZ offers capital access to qualifying small businesses in Upper Manhattan seeking term loans between $50,000 and $250,000 and Lines of Credit between $25,000 and $100,000.
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Inwood pilot retail incentive program will also be formulated by UMEZ to assist, through convertible loans, certain existing Inwood retail small businesses that relocate within Community District 12 with the purpose of continuing to operate.
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HPD will require long-term commercial leases (minimum of 10 years, limited rental increases) for any mixed-use new construction project in the area receiving $2 million or more in HPD subsidy. It will apply to the lesser of 5,000 square feet or 25% of the total non-residential.
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