NYC Council Introduction 1087

intro.nyc/1087-2024 2024-2025 Legislative Session
Study on a program to make bridge loans available to awardees of capital funding from the city.
Status: Committee Committee on Finance
Sponsored by Nantasha M. Williams
Introduced: October 10, 2024

This bill would require the Office of Management and Budget (OMB) to conduct a study on the feasibility of creating a bridge loan program for not-for-profit entities that receive capital funding grants from the city and to report on the findings of the study.