APPLICATIONS OPEN FOR BROOKLYN BOROUGH PRESIDENT ANTONIO REYNOSO FY24 CAPITAL FUNDING
City Agencies, Nonprofit Organizations, Cultural Institutions, and Public Schools Are Eligible to Apply
Applications Close on February 23, 2023, at 5pm ET
***APPLICATION AVAILABLE ONLINE HERE***
BROOKLYN, NY (February 9, 2023) – Applications are now open for Brooklyn Borough President Antonio Reynoso’s Fiscal Year 2024 Capital Funding. The New York City Charter allows all five Borough Presidents to allocate capital funding to qualified projects on an annual basis as part of the City’s budget process. These funds are used to make improvements across the Borough by creating new infrastructure and by improving existing assets. Capital funding can be allocated to parks, streets, schools, hospitals, economic development, affordable housing projects, cultural institutions, and other nonprofit organizations.
“We’ve got to get the word out that funding is available to our city agencies, public schools, nonprofits, and cultural institutions who have exciting projects in mind to benefit Brooklynites,” said Brooklyn Borough President Antonio Reynoso. “The applications we receive help us understand Brooklyn’s priorities and needs. Last year, we made history-making investments in our public hospitals to address the maternal mortality crisis in our borough, and this year, we’re gearing up to spread that love and support all across Brooklyn. If you or anyone you know has a project that might be eligible for capital or discretionary funding, now is the time to see what the Office of the Borough President can do for you.”
Last year, Brooklyn Borough President Antonio Reynoso made history when he allocated the entirety of his FY23 capital funding – a total of $45 million – to Brooklyn’s three public hospitals for maternal healthcare improvements. This marked the first time a Borough President has ever allocated an entire fiscal year’s capital funding to one cause, and within one city organization.
- NYC Health + Hospitals/Kings County received $15.625M to renovate the newborn intensive care unit (NICU) and mother-baby units.
- NYC Health + Hospitals/South Brooklyn Health received $18.5M to renovate the outpatient care center, labor and delivery rooms, post-partum recovery rooms, and NICU.
- NYC Health + Hospitals/Woodhull received $11M to build a state-of-the-art birthing center.
During the Borough President’s State of the Borough speech in early January, Borough President Reynoso announced that he will allocate a portion of his FY24 capital budget toward assisting Brooklyn nonprofits in purchasing permanent spaces, so that they can spend less time negotiating with landlords and more time serving our neighbors. The initiative will create jobs, boost Black ownership, and ensure the organizations that are lifeboats for our neighborhoods can focus on service delivery and advancing their missions.
The New York City Office of Management and Budget (OMB) issues guidelines that restrict the types of projects to which capital funding can be allocated, as well as the types of organizations to which capital funding can be allocated. All questions pertaining to Brooklyn Borough President Antonio Reynoso’s capital budget or discretionary capital funding program should be directed to Astrid Cuas, Director of Capital Expense & Budget, [email protected].
Fiscal Year 2024 Capital Application
All City entities requesting funding for capital project occurring on City-owned property (including but not limited to parks, public schools, and public buildings) should complete the Brooklyn Borough President’s Office FY24 Capital Funding Application.
All nonprofit organizations seeking capital funding for projects (including Charter Schools on non-City owned property) must complete the Brooklyn Borough President’s Office FY24 Capital Funding Application AND the New York City Capital Funding application through the NYC CapGrants Portal.
All cultural organizations that receive funding from the New York City Department of Cultural Affairs (DCLA) must complete the Brooklyn Borough President’s Office FY24 Capital Funding Application AND the application through DCLA’s website.
February 23, 2023; 5pm ET: All applications requesting funding from the Borough President (including those also requesting funding from City Council and/or DCLA) must be submitted.
March 23, 2023; 5pm ET: All applications requesting only City Council and/or DCLA funding must be submitted.