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
December 18, 2017
Advocates Celebrate Council's Fulfillment of Key Industrial Action Plan Promises
Today, the Industrial Jobs Coalition joined with City Council members to celebrate the upcoming passage of zoning protections for the City's 21 Industrial Business Zones (IBZs). These protections, meant to clamp down on competing non-industrial uses and ensure space for good-paying jobs, create the foundation for broader zoning reforms.
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Blog
November 2, 2017
City Steps Back from their Industrial Action Plan
Almost two years to the day since Mayor de Blasio announced his historic Industrial Action Plan, the City seems to be stepping back from their plan. Yesterday, the City Planning Commission voted on a proposal to mix manufacturing and self-storage in core industrial areas
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Blog
December 8, 2016
City Announces First Step to Expand Manufacturing Jobs With Innovative Not-For-Profit Industrial Development Fund
Mayor de Blasio took an important step towards more equitable economic development policy last year with the creation of the innovative Not-for-Profit Industrial Developer Fund. Today, the New York City Economic Development Corporation (NYCEDC) announced the selection of the first awardee under this model program, and the project demonstrates how the Mayor’s initiative can have an important impact on expanding quality manufacturing jobs.
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Benjamin Dulchin
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