NYC COVID-19 Response & Impact Fund Issued over $110 Million to City’s Non-Profits
The NYC COVID-19 Response & Impact Fund announced on July 29 that more than $110 million in emergency support has been distributed to 768 New York City-based social services and arts and cultural nonprofits affected by the coronavirus public health crisis. More than $73 million in grant funding was managed by the New York Community Trust and over $37 million was managed by Nonprofit Finance Fund for no-interest loans. Small to mid-sized nonprofits across New York’s five boroughs applied for grants or interest-free loans to ensure the continuity of their daily operations and to help counteract lost revenue that
