City Agencies, Nonprofit Organizations, Cultural Institutions, and Public Schools Are Eligible to Apply
Applications Close on February 22, 2024, at 5pm ET
BROOKLYN, NY (January 5, 2024) – Applications are now open for Brooklyn Borough President Antonio Reynoso’s Fiscal Year 2025 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 upgrading existing assets. Capital funding can be allocated to parks, streets, schools, hospitals, economic development and affordable housing projects, cultural institutions, and other nonprofit organizations.
“Capital funding is an engine of transformation in our city, one that enables city agencies, schools, nonprofits, and other organizations to make the physical improvements necessary to continue to serve residents,” said Brooklyn Borough President Antonio Reynoso. “The applications we receive help us understand Brooklyn’s priorities and needs. In my first year, we made historic investments in Brooklyn’s public hospitals to address the maternal mortality crisis in our borough, and this past year, we spread that love and support to parks, schools, and so many other great projects 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.”
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 about 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].
Eligibility Review
Fiscal Year 2025 Capital Application
All City entities requesting funding for capital projects occurring on City-owned property (including but not limited to parks, public schools, and public buildings) should complete the Brooklyn Borough President’s Office FY25 Capital Funding Application.
All non-profit organizations seeking capital funding for projects (including Charter Schools on non-city owned property) must complete the Brooklyn Borough President’s Office FY25 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 FY25 Capital Funding Application and must complete the application through Capital Funding Request – DCLA (nyc.gov).
Deadlines
February 22, 2024, 5pm ET: All applications requesting funding from Borough Presidents (including those also requesting funding from City Council and/or DCLA) must be submitted.
March 21, 2024, 5pm ET: All applications requesting only City Council and/or DCLA funding must be submitted.
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