Avenue NYC grants strengthen community-based development organizations (CBDOs) to carry out commercial revitalization programs in low- and moderate-income communities.
In City Fiscal Year 2019 (CFY19), the program will include:
This new structure will help grantees better understand neighborhood needs and develop impactful longer-term projects.
Applications for Avenue NYC CFY19 are closed. Organizations that submitted complete applications by the March 11th deadline will receive notification of their award status in mid- to late-April.
We are proud to fund strategic commercial revitalization initiatives in five project categories through the Avenue NYC Grant Program in City Fiscal Year 2018.
View the CFY18 Avenue NYC Award Summary.
Small Business Services (SBS) has transitioned the CFY 18 Avenue NYC contracts into the HHS Accelerator Financials system to manage contract budgets, invoices, and payments. We believe utilizing HHS Accelerator Financials will benefit our contracted community-based organizations in many ways, including a more efficient budget review and approval process, submission of program expense reimbursements, and tracking of expenditures to budget information. Payment Requests are due on the 15th of every month (or next business day when falling on a holiday or weekend), beginning in August with the July Payment Request. If your organization does not incur program expenses in a particular month, you must clearly indicate this information in the comments section of the next month’s invoice. . For details on the required documents for payment requests, please contact your contract manager. See below for links to the required documents and instructions on what to submit.
Consult your contract manager first if you need to modify your budget. To initiate the process, you must complete the Budget Modification Form and submit to your contract manager with a written justification for the modification (sending an email is sufficient).You must receive the signed and approved budget modification form from your contract manager before executing the budget modification. Once the modification has been approved, you can incorporate the modifications into your payment requests via the Certified Financial Statement of Actual Expenditures. Keep the approved budget modification form for your records in the event of an audit. No budget modifications will be allowed after April 30, 2018.
Quarterly Reports are the formal method used to document and evaluate an organization's project execution throughout a fiscal year. When completing the document, only report on work completed within the designated quarter, as each report is a snapshot of work completed within a specific timeframe rather than a cumulative summary of all work completed to date. Please provide as much detail as possible and complete all relevant sections. CFY 18 Quarterly Report is provided in the link below:
Quarterly reports are due by COB on the following dates:
Quarter 1 Report - Due November 3, 2017
Quarter 2 Report - Due January 22, 2018
Quarter 3 Report - Due April 20, 2018
Quarter 4 Report - Due July 16, 2018