Neighborhood 360 Grant Program
Proposed Rules: Closed to Comments
Statement of Basis and Purpose
The Department of Small Business Services (“DSBS”) supports and administers programs designed to benefit neighborhood commercial streets, industrial areas and other economic centers. Since the late 1970’s, DSBS has administered commercial revitalization grants for nonprofit organizations to carry out neighborhood revitalization and community economic development, planning and capacity building activities and services, such as planning, administration, economic development, public services, non-profit organization capacity building, and public facility improvements.
DSBS is proposing a rule to establish a new program - the Neighborhood 360 Grant Program - to support the economic vitality of commercial districts across New York City by directly addressing locally identified community development needs. The Neighborhood 360 program will support the Mayor’s Housing Plan, which calls for a denser city with a better plan for growth through investments in both infrastructure and services that will make neighborhoods more livable. Specifically, the Neighborhood 360 program would support the Mayor’s Housing Plan by working directly with local stakeholders to assess commercial district needs and providing necessary funding to nonprofit organizations to develop and deliver services that will protect a neighborhood’s small business character while improving the collective commercial climate and quality of life to better serve a growing community.
Neighborhood 360 grants will fund commercial revitalization projects located in geographic areas identified by DSBS and could include: neighborhood beautification projects, supplemental sanitation and public safety services, public space activation/maintenance/management, branding/marketing campaigns, production and coordination of local events, business improvement district planning, merchant organizing, retail recruitment strategy development, minor physical improvements to the public realm, neighborhood planning, organizational development, and general program administration.
“Shall” and “must” denote mandatory requirements and may be used interchangeably in the rules of this department, unless otherwise specified or unless the context clearly indicates otherwise.