Three Small Business Supports Launched for Low and Moderate Income Communities
Mayor Bill de Blasio and the City’s Small Business Services (SBS) commissioner, Jonnel Doris, announced on Nov. 25 three financial assistance programs available to small businesses in low-to-moderate income (LMI) neighborhoods. The NYC LMI storefront loan, interest rate reduction grant, and strategic impact COVID-19 commercial district support grant will provide critical resources to small businesses to help them build back and grow beyond the pandemic. “Our fight against COVID-19 has been costly for the small businesses that anchor New York City’s neighborhoods. We’re proud to offer real relief to help these business owners keep their teams together and continue serving their communities for years to
