08 Mar

Garvies Point Affordable Rental Lottery

Garvies Point Affordable Rental Lottery

Applications now available for Affordable Apartment Rentals at Garvies Point. Applications must be postmarked by April 17th, 2023. Lottery will take place May 1, 2023 at 12:00 pm at the Hilton Garden Inn, 3 Harbor Park Drive, Roslyn, NY 11050

Below is a list of developments financed by HCR’s Housing Finance Agency that are currently holding lotteries or accepting applications.

Please note, HCR does not conduct lotteries or maintain waiting lists for affordable housing and does not receive applications from prospective tenants; that is the sole responsibility of the building owner.

The marketing and lease-up of affordable apartments in developments financed by HCR are the responsibility of the building owner and it is subject to strict rules and in some instances, federal regulation.

Lottery – Garvies Point

Address: 500 & 700 Dickson Street, Glen Cove, NY (Nassau County)

Deadline: April 17, 2023

Click below to view Lottery information.

16 Jun

6/16/20: U.S. SBA Reopens EIDL/Advance Program

June 16, 2020:  The U.S. Small Business Administration has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19.

The EIDL program offers long-term, low-interest assistance to small businesses or non-profits. These loans can provide vital economic support to help alleviate temporary loss of revenue. EIDL assistance can be used to cover payroll and inventory, pay debt or fund other expenses. Additionally, EIDL Advance will provide up to $10,000 ($1,000 per employee) of emergency economic relief to businesses that are currently experiencing temporary difficulties; these emergency grants do not have to be repaid.

To learn more, click here

03 Jun

BOOST NASSAU LOAN PROGRAM FOR SMALL BUSINESSES

“Boost Nassau” loan program for Nassau County businesses and non profits who have not received PPP or EIDL.   https://www.boostnassau.net/

Espanol:  El condado de Nassau está lanzando “Boost Nassau” para ofrecer préstamos críticos de estabilización a los pequeños de Nassau empresas, MWBE y organizaciones sin fines de lucro afectadas por la pandemia de COVID-19. Parte del NY Forward Fondo de préstamos anunciado por el gobernador Andrew Cuomo, Boost Nassau ofrecerá hasta $ 10 millones en préstamos al aprovechar una inversión de $ 500,000 del condado de Nassau y el local del condado de Nassau Corporación de Asistencia Económica * [“LEAC”]. Esta contribución local dirigida ayuda a garantizar un sólido capitalización del programa de préstamos para las empresas y organizaciones sin fines de lucro de Nassau.

 

Boost Nassau Loan Program

 

Detalles del programa de préstamos

▪ Los mismos términos que el Préstamo NY Forward Small Business Programa

▪ Préstamo de hasta $ 100,000 para empresas sin más que $ 3M en ingresos brutos; sin cantidad mínima

▪ Sin tarifas de solicitud o préstamo

▪ Término de 5 años o 60 meses (pagos solo de interés primeros 12 meses; pagos de capital e intereses

meses 13-60)

▪ tasa de interés del 2% para organizaciones sin fines de lucro; Tasa de interés del 3% para

pequeñas empresas

▪ Diseñado para atender necesidades no cubiertas por préstamos federales programas como PPP

Prestatarios elegibles

▪ NYS para empleadores con y sin fines de lucro con menos de 20 empleados, en funcionamiento durante al menos un año

▪ Impactado por COVID-19 y no ha accedido programas respaldados por el gobierno federal

▪ Empresas propiedad de MWBE y aquellas en barrios económicamente angustiados en NDC

Las comunidades asociadas tendrán prioridad

▪ En funcionamiento a partir de 3.1.20 y capaz de mostrar 3 meses de necesidad

▪ Sin quiebra

▪ El propietario ofrece una garantía personal del 20% o más.

 

Usos elegibles

▪ “Capital de supervivencia y de trabajo” a largo plazo, es decir, operaciones, alquileres, suministros [incluido el EPP], compras de materiales

 

Asociación de Condado / LEAC / NDC

▪ Bajo NY Forward, el financiamiento se apalanca en una proporción de 20: 1 entre CDFI y socios de la comunidad

▪ Impulsar los préstamos Nassau para capitalizarse con fondos y apoyo de:

o Condado de Nassau CDBG-CV económico fondos de préstamos para el desarrollo

o NC LEAC – Desarrollo industrial de NC

 

Agencia hermana de la agencia [IDA]

o Consejo Nacional de Desarrollo [“NDC”] – desarrollo comunitario sin fines de lucro con

experiencia capitalizando viviendas asequibles, préstamos a pequeñas empresas, desarrollo de capacidades iniciativas; uno de los 6 “CDFI” seleccionados para participar en el nuevo programa de préstamos del estado de Nueva York

 

Cómo aplicar

▪ Préstamos administrados a través del portal común. www.boostnassau.net, abierto después del 5.28.20

▪ Los solicitantes deben elegir NDC como el preferido

 

CDFI

▪ Aprobaciones de préstamos entre 21 y 28 días desde la presentación

▪ Fondos transferidos al prestatario

▪ Alineado con la reapertura gradual de NY Forward

28 May

5/28/20 COVID Funding Updates: Boost Nassau Loan Program/NY Forward

Governor Cuomo recently announced the NY Forward Loan Program for small businesses, non-profits and landlords. The NY Forward Loan Program is designed to provide assistance to small businesses, non-profit organizations and landlords that have not been able to access the federal funding assistance programs. During the webinar you will be provided with an overview of program as well as:

– Eligibility Components
– Regional Loan Distributions
– Application Process

This program is funded in part through a Cooperative Agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact (Kate Baker, 518.380.5073) to make arrangements. Services are extended to the public on a nondiscriminatory basis.  Please send your questions, comments and feedback to: kbaker@albany.edu

You may sign up for upcoming NY Forward Webinars through the following link:

https://www.gotostage.com/channel/6dca26d677234bbbaddb8af8abfea09e?fbclid=IwAR24QlHxNzsyJEb9FgMLUbSOga9aZKsWB8LbYAf2tzuet4ROIdqw3jYtm9o

In addition, Nassau County is launching “Boost Nassau” to offer critical stabilization loans to Nassau’s small businesses, MWBEs and non-profits hard hit by the COVID-19 pandemic.  Part of the NY Forward Loan Fund announced by Governor Andrew Cuomo, Boost Nassau will offer up to $10M in loans by leveraging an investment of $500,000 from Nassau County and the Nassau County Local Economic Assistance Corporation* [“LEAC”]. This directed, local contribution helps ensure robust capitalization of the loan program for Nassau’s hard-hit businesses and non-profits. have announced additional funding sources for businesses, non-profits and religious organizations who have not previously received PPP or EIDL funding.

Boost Nassau Loan Program

SBA NY Forward Loan Program