Historic Funding Disclosures
In support of its mission to encourage economic growth in each of the five boroughs of New York City, since the end of NYCEDC’s fiscal year ending June 30, 2012, NYCEDC has provided funding to the following local development corporations:
| Local Development Corporation | Date of funding | Amount of funding | Source of funding | Purpose of funding |
| Downtown Brooklyn Partnership, Inc. | 6/10/22 | $426,666.70 | City Capital Budget funds | Providing funds for the construction of Betty Carter Park (formerly known as BAM Park) |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 12/4/20 | $139,177.10 | City Council Funds | Renovation of a facility to upgrade the elevators to serve production needs for tenants |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 8/31/20 | $135,432.15 | City Council Funds | Renovation of a facility to upgrade the elevators to serve production needs for tenants |
| NYC Business Assistance Corporation | 7/3/20 | $125,000 | NYCEDC | Providing funds for the Downtown Jamaica Storefront Improvement Grant Program |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 5/22/20 | $408,950.42 | City Council Funds | Renovation of a facility to upgrade the elevators to serve production needs for tenants |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 3/31/20 | $602,973 | City Council Funds | Renovation of a facility to upgrade the elevators to serve production needs for tenants |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 12/6/19 | $48,520 | Brooklyn Borough President Funds and/or City Council Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center |
| Downtown Brooklyn Partnership, Inc. | 9/27/19 | $850,000 | City Capital Budget funds | Providing funds for the construction of Betty Carter Park (formerly known as BAM Park) |
| NYC Business Assistance Corporation | 5/17/19 | $125,000 | NYCEDC | Providing funds for the Downtown Jamaica Storefront Improvement Grant Program |
| Downtown Brooklyn Partnership, Inc. | 11/2/18 | $123,333.30 | City Capital Budget funds and/or NYCEDC's programmatic budget | Providing funds for the construction of BAM Park |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 8/31/18 | $10,000,000 | Mayoral Capital Funds | Acquisition of a facility transforming a former factory into a multi-tenant manufacturing center |
| NYC Business Assistance Corporation | 8/04/17 | $250,000 | NYCEDC | Providing funds for the Downtown Jamaica Storefront Improvement Grant Program |
| NYC Business Assistance Corporation | 7/21/2017 | $500,000 | NYCEDC | Providing funds for Neighborhood Challenge Innovation Grants |
| NYC Business Assistance Corporation | 6/24/16 | $500,000 | NYCEDC | Providing funds for Neighborhood Challenge Innovation Grants |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 1/29/2016 | $14,073.20 | Brooklyn Borough President Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 9/25/2015 | $58,625.55 | Brooklyn Borough President Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 5/1/15 | $312,871.49 | Brooklyn Borough President Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 3/13/15 | $45,348.25 | City Council Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 3/13/15 | $64,901.75 | Brooklyn Borough President Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center |
| Nan Shan Local Development Corp. | 2/6/15 | $36,892.78 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Nan Shan Local Development Corp. | 1/2/15 | $351,673.20 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 12/19/14 | $39,651.75 | City Council Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center |
| Nan Shan Local Development Corp. | 12/5/14 | $83,006.25 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Nan Shan Local Development Corp. | 10/31/14 | $236,295.47 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Nan Shan Local Development Corp. | 10/10/14 | $66,289.75 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Nan Shan Local Development Corp. | 9/26/14 | $253,882.66 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Downtown Brooklyn Partnership, Inc. | 7/30/14 | $37,175.00 | UDAG | Reimbursement for consultant hired to provide technical assistance and facilities planning services for the future cultural space tenants in the BAM South project |
| Nan Shan Local Development Corp. | 7/25/14 | $102,973.66 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Greenpoint Manufacturing and Design Center Local Development Corporation | 6/13/14 | $3,900,000.00 | City Council Funds | Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center. |
| Nan Shan Local Development Corp. | 4/11/14 | $36,855.00 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center. |
| Downtown Brooklyn Partnership, Inc. | 1/10/14 | $25,375.00 | UDAG Funds | Reimbursement for a consultant hired to assist prospective tenants in developing business plans in connection with occupying designated cultural space in the BAM South project. |
| New York Business Assistance Corporation | 1/10/14 | $75,000.00 | NYCEDC's programmatic budget | To support the Corporation's efforts to revitalize the central commercial corridor in the Rockaway section of Queens in the aftermath of Superstorm Sandy. |
| Nan Shan Local Development Corp. | 12/6/13 | $129,375.00 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center |
| Downtown Brooklyn Partnership, Inc. | 11/25/13 | $11,500.00 | UDAG Funds | Reimbursement for design consultant services for a streetscape project in the Brooklyn Cultural District in Fort Greene. |
| Nan Shan Local Development Corp. | 11/1/13 | $215,118.00 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center. |
| Downtown Brooklyn Partnership, Inc. | 10/11/13 | $138,500.00 | UDAG Funds | Reimbursement for design consultant services for a streetscape project in the Brooklyn Cultural District in Fort Greene. |
| Nan Shan Local Development Corp. | 9/27/13 | $82,982.90 | City Council Funds | Reimbursement of construction costs for the corporation's new senior center. |
| Downtown Brooklyn Partnership, Inc. | 6/30/13 | $1,430,000.00 | NYCEDC Operating Funds | To support the corporation's master lessee program, which seeks to attract and retain small tech and creatively-driven firms in Downtown Brooklyn. |
| Downtown Brooklyn Partnership, Inc. | 6/13/13 | $11,000.00 | Mayoral funds | To support the Corporation's 80 Hanson Place project. |
| Nan Shan Local Development Corporation | 5/10/13 | $42,840.00 | City Council Funds | To pay for a portion of a new community facility to be operated by the Chinese American Planning Council, containing a senior center; educational, social and community services; support spaces; and medical offices. |
| East Williamsburg Valley Industrial Development Corporation | 11/30/12 | $2,430,000.00 | The City of New York Capital Budget Funds | To enable the corporation to acquire two properties that will be used to provide affordable industrial space in north Brooklyn. The funds were paid by NYCEDC directly to the seller of the properties. |
| Coney Island Development Corporation | 11/23/12 | $120,000.00 | NYCEDC's programmatic budget | To support the Corporation's general operating expenses, including staff, labor, office and occupancy costs, consultant fees, rental or purchase of equipment, advertising, and other costs associated with the Corporation's general administration and operations. |
| Downtown Brooklyn Partnership, Inc. | 11/11/12 | $13,905.00 | Mayoral funds | To support the Corporation's 80 Hanson Place project. |
| Nan Shan Local Development Corporation | 9/7/12 | $302,259.96 | Department of the Aging – Capital Budget Funds | To pay for a portion of a new community facility to be operated by the Chinese American Planning Council, containing a senior center; educational, social and community services; support spaces; and medical offices. |
| Downtown Brooklyn Partnership, Inc. | 7/31/12 | $7,750.00 | Mayoral funds | To support the Corporation's 80 Hanson Place project. |