The BID Development Grant Program will fund community-based development organizations (CBDOs) to explore or further the formation of a Business Improvement District (BID). The program builds on Mayor Adams' commitment to establishing a long-term investment strategy to strengthen and support small businesses in underserved commercial corridors, as outlined in Rebuild, Renew, Reinvent: A Blueprint for New York City's Economic Recovery, released earlier this year.
Additional information on BID Formation is available here and in our Comprehensive Guide to BID Formation and Expansion.
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BID Exploration Grants
BID Exploration Grants are available to either citywide or place-based community-based development organizations (CBDOs) that are currently working with local stakeholders interested in BID formation who have not yet completed a needs assessment survey.
Citywide or place-based CBDOs (Chambers of Commerce, local development corporations, merchants associations, and other organizations), operating within the five boroughs of New York City that are:
Applications are now closed.
BID Formation Grants
BID Formation Grants are available to place-based community-based development organizations (CBDOs) that are currently working with a formal steering committee that has completed and analyzed needs assessment survey data.
Place-based CBDOs (Chambers of Commerce, local development corporations, merchants associations, and other organizations), operating within the five boroughs of New York City that are:
Applications are now closed.