Jerome Avenue Relocation Grant Program

Adopted Rules: Closed to Comments

Agency:
Effective Date: 
Saturday, October 19, 2019
Download Copy of Adopted Rule (.pdf): 

New York City Department of Small Business Services
Jerome Avenue Relocation Grant Program

Notice of Adoption of Rule 

NOTICE IS HEREBY GIVEN PURSUANT TO THE AUTHORITY VESTED in the New York City Department of Small Business Services (DSBS) in accordance with Sections 1043 and 1301 of the New York City Charter. DSBS proposed a rule to create the Jerome Avenue Relocation Grant Program to help small businesses that may face displacement pressure from the City’s rezoning of the Jerome Avenue area in the Bronx, which was adopted by the City Council on March 22, 2018. The grants will be used to provide funds to assist small businesses with the relocation costs involved with moving from Jerome Avenue to a new location within the City. 

The proposed rule was published in The City Record on July 18, 2019. DSBS did not receive any comments concerning this rule. 

 Statement of Basis and Purpose

The Jerome Avenue Relocation Grant Program (“Program") will help small businesses that may face displacement pressures from the City’s rezoning of the Jerome Avenue area in the Bronx. See (ULURP number C 180051A ZMX), adopted March 22, 2018 as amended (“Jerome Avenue Rezoning”). The purpose of the Program is to encourage the retention of jobs within the City by providing grants to offset moving costs for small businesses relocating from designated sites under the Jerome Avenue Rezoning to any other part of the City.