NYC Council Introduction 861

intro.nyc/0861-2024 2024-2025 Legislative Session
Requiring an annual report by a contracted entity to include information about agreements to provide community benefits.
Status: Laid Over in Committee Committee on Economic Development
Sponsored by Alexa Avilés
Introduced: May 16, 2024

This bill would alter the terms of the contract between the city and the New York Economic Development Corporation (“EDC”) by requiring EDC to include in its annual report certain details regarding any commitments by a person or organization to provide community benefits to residents of a neighborhood effected by an EDC project.