Discretionary Funding Grant Pilot Will Cut Red Tape and Accelerate Payments to
Half Time of Traditional Contract Process for Small-Dollar Awardees
New Program Eliminates 13 Steps from Contract Process to
Help Nonprofits Receive Funding They Need Without Delay
Announcement Part of Mayor Adams’ “NYC Nonprofit Week,”
Highlighting City’s Investments and Support for Nonprofits
NEW YORK – New York City Mayor Eric Adams and New York City Council Speaker Adrienne Adams today announced a new pilot initiative to accelerate payments for a selection of small-scale discretionary funding awards and streamline the city’s discretionary funding process.
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