AGENCY TESTIMONY
New York City Opportunity Fund
0:07:23
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31 sec
The New York City Opportunity Fund is the largest public-private loan program in city history, supporting small businesses.
- Collaboration with 8 Community Development Financial Institutions (CDFIs), Goldman Sachs, and Mastercard Center for Inclusive Growth.
- Provided over $85 million in low-interest loans to more than 1,000 small businesses.
- 80% of recipient businesses identified as minority or women-owned.
Kitty Chan
0:07:23
In 2023, my team executed the largest public private loan program in city history to support small businesses.
0:07:32
Through collaboration with 8 Community Development Financial Institutions, CDFIs, Goldman Sachs and Mastercard Center For Inclusive Growth, the New York City Opportunity Fund provided over $85,000,000 in low interest loans to more than 1,000 small businesses, 80% of which identified as minority or women owned.
