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
May 25, 2016
New Industrial Zoning Passes - Questions Remain
The City Planning Commission today voted to approve the amended application for a mixed industrial-commercial development at 25 Kent Avenue. As ANHD has written in  previous posts,  the 25 Kent Avenue development could be a bellwether of future zoning reforms.
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Blog
May 10, 2016
Problems Remain with City’s Revised Industrial Re-Zoning Proposal
As reported by Crains New York  today, May 10, the City's plan to rezone 14 blocks of the Greenpoint-Williamsburg Industrial Business Zone to a commercial / industrial mix has been scaled back to 1 block - the development site at 25 Kent Ave. This change demonstrates the significance of this local rezoning which has implications for the city's broader industrial land use policy, as outlined in the Mayor's Industrial Plan.
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Blog
March 8, 2016
New NYC Non-Profit Industrial Fund
The de Blasio Administration has made a major commitment to preserve and expand the City's industrial sector, a key source of good jobs throughout the five boroughs, and an important part of the Mayor's forwarding-thinking vision for equitable economic development. With low barriers to entry and real career pathways, industrial and manufacturing jobs, whose average wages are twice that of the retail sector, are a crucial avenue of opportunity and equitable economic development for low-income communities.
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Benjamin Dulchin
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