AGENCY TESTIMONY
SBS neighborhood development programs
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100 sec
Khan outlines SBS's neighborhood development programs, including support for Business Improvement Districts (BIDs) and grant allocations to community-based organizations. He emphasizes the impact of these programs on local economies and commercial corridors.
- SBS oversees 76 BIDs serving nearly 300 miles of commercial corridors
- Over $35 million in grants allocated to over 100 community-based development organizations in the past 3 years
- Expansion of existing BIDs and creation of new ones
- 39 Commercial District Needs Assessments (CDNAs) produced to study neighborhood business landscapes
- Example of CDNA in East Tremont section of the Bronx by Neighborhood Initiatives Development Corporation
Haris Khan
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SBS also plays a role in public space activation, not only as a funder for community based development organizations, but also as a connector, a facilitator, and an advocate for their needs.
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Across city government.
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Our neighborhood development division led by deputy commissioner, Calvin Brown, oversees New York City's network of 76 bids, which themselves serve nearly three hundred miles of commercial corridors and invest approximately 200,000,000 into our local economy.
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And over the past 3 years, SBS has allocated over 35,000,000 in grants to over 100 community based development organizations, supporting over 88 public space activations among other revitalization efforts.
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We are proud of this historic infusion of funds already resulting in the expansion of Long Island City Business Improvement District, the creation of the Cypress Hills bid, with the future East Harlem 125th Street bid and the Coney Allen bid approaching legislative review in the coming months.
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Our grants also enable community based organizations to produce 39 commercial district needs assessment, which study the existing business landscape of a particular neighborhood through merchant, consumer and shopper surveys, as well as an in-depth inventory of streetscape conditions.
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Following the completion of these assessments, SBS deploys neighborhood specific intervention through our grantees, our agency teams, and in coordination with city agencies.
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As an example, the the Neighborhood Initiatives Development Corporation and have an NYC grantee for FY 25 will conduct a CDNA analyzing corridor conditions around the East Tremont section of the Bronx, providing recommendations based on community feedback.
