Latest York State is ready to award $4.5 million in grants to garment industry brands through its NY Forward program.
On Thursday, Manhattan Borough president Mark Levine announced an open call for any organization or individual searching for funding for a capital project within the Garment District NY Forward-designated area, which is defined as between thirty fourth and forty second Streets between Fifth and Ninth Avenues.
To be eligible, the projects must, amongst other things, contribute to the economic revitalization of the Garment District, by creating or retaining jobs, supporting area businesses, improving quality of life, activating public spaces, supporting affordability and achieving climate goals. The projects may include development or rehabilitation of real estate, public spaces, signage or district branding.
Interested parties can apply at garmentdistrictnyf.com to make sure they meet the standards.
“The NY Forward funding signifies an incredible opportunity for the Garment District, emphasizing the pivotal role this district plays within the economic dynamism of Manhattan and the midtown region,” Levine said. “This financial boost sets the stage for transformational developments in an area that’s already flourishing and robust.”
Along with this open call for proposals, there might be opportunities for Garment District firms to learn more about NY Forward in the approaching months, including public events slated for July and September.
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