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The Local Initiatives Support Corporation New York City (LISC NYC), Citi, and the New York City Department of Small Business Services (SBS) have launched a second round of the Commercial Corridor Challenge, a collaboration to strengthen and revitalize the streets, small businesses, and community-based organizations that anchor New York City neighborhoods. The second round of the program, Commercial Corridor Challenge 2.0, was made possible by Citi with seed funding that supports four neighborhood commercial districts in Jackson Heights, Queens; Washington Heights, Manhattan; and the Norwood and Morris Heights sections of the Bronx.
Corridor Challenge 2.0 codifies and elevates learnings across the field of community development and provides small grants and technical assistance to select SBS grantees in order to advance these learnings in multiple corridors. In addition to providing targeted grant funding and technical assistance for early action projects in four NYC neighborhoods, LISC built a web-based Commercial Corridor Resource Hub to assist community organizations to plan and implement catalytic corridor improvements throughout New York City and other parts of the country.
We are pleased to announce the cohort of community-based organizations who have been selected to participate in the Commercial Corridor Challenge 2.0. This round’s grantees are:
The Commercial Corridor Resource Hub distills lessons learned from the Commercial Corridor Challenge and provides practical tools to strengthen and revitalize small businesses and commercial districts.