Overview

Overview

New York City’s Economic Development Corporation (EDC) launched the Nonprofit Industrial Developer Fund in 2017 to help preserve and grow our industrial ecosystem, and the quality jobs it creates. In a city with a nation’s leading mission-driven affordable housing development sector, New York can build on that base to create a new model of a mission-driven industrial development and expand quality jobs where they are most needed.  The Industrial Development Fund provides low-cost financing to developers creating affordable industrial spaces and quality job opportunities. ANHD is dedicated to working with the EDC and other stakeholders to ensure success of this important new program model.

The Project

ANHD has been a key supporter of the city and EDC’s programs for the preservation and development of industrial spaces, recognizing this as a key component to our equitable economic development work.  The Industrial Developer Fund has recently become an even more effective tool as the EDC has streamlined and expedited the awards’ process.

The Industrial Development Fund focuses on the types of jobs created and the people being served – while ensuring that quality jobs are generated for those who are often left out.

News

Recents Blogs and Media

Blog
November 3, 2016
Industrial Action Plan One Year Later: What Has Moved and What Hasn't
On the one-year anniversary of Mayor de Blasio’s unveiling of the Industrial Action Plan, various critical components of the 10-Point Vision remain unfulfilled. While aspects of the plan have moved forward, others have either seen little progress or gone a different direction than the original intent. Ultimately, the purpose of the plan is to ensure that New Yorkers can continue to tap into economic opportunity and mobility.
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Blog
October 21, 2016
Administration Misses Manufacturing Use Group Reform Deadline
Almost one year ago, the Administration and the City Council, with the support of many of us in the economic development community, announced the Industrial Action Plan, a ten-point roadmap for strengthening the industrial and manufacturing sector, a growing source of middle-class jobs and entrepreneurial opportunity for New Yorkers in all five boroughs.
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Benjamin Dulchin
Blog
June 3, 2016
Food Manufacturers Can't Eat NYC's High Costs
On June 1, Crain's highlighted the various challenges food manufacturers face and the growing need for affordable space for viable industrial businesses. The lack of affordable manufacturing space and capital for small business investments are significant hurdles that demand immediate attention.
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