December 19, 2016
BROOKLYN, NY, December 19, 2016: Today, Brooklyn Borough President Eric L. Adams formally opened the application process for capital funding from his office for Fiscal Year 2018 (FY18). In FY17, Borough President Adams received a total capital allocation of $61,812,000, which he distributed to 233 budget investments across all 18 community districts in Brooklyn. Highlights of last year’s achievements include: $28.6 million toward schools, focused on STEM education and technology initiatives; $10.3 million toward parks; $8.2 million toward Brooklyn’s cultural institutions and libraries; $5.7 million toward economic development; $5.3 million toward affordable housing construction and preservation, including public housing improvements; $2.4 million toward street safety and livability enhancements; $1.8 toward health care and social service organizations, as well as $1 million toward participatory budgeting projects approved by voters. Borough President Adams encouraged organizations that share his commitment to making Brooklyn a better place to live, work and raise a family to apply for funding in the upcoming fiscal year.
“It is an honor to be entrusted with investing the people’s tax dollars, and I am proud to do so in a forward-thinking fashion that touches every corner of our borough,” said Borough President Adams. “Working with institutions big and small, we are building a future inclusive of every Brooklynite, supported by capital projects that support our vision of safe communities to raise healthy children and families. In One Brooklyn, the popularity of our brand translates into prosperity for all, and that will continue to be reflected in the coming fiscal year’s capital budget.”
All requests for capital funding from the Office of the Brooklyn Borough President must be submitted via Borough President Adams’ online capital funding application, which can be found on his website, brooklyn-usa.org; the deadline to submit the application is 11:59 PM on Sunday, February 5th. Those applying for capital funding for a non-City project must also complete the requisite capital application from either the New York City Department of Cultural Affairs (DCLA) or New York City Office of Management and Budget (OMB); the deadline to submit those applications is 5:00 PM on Tuesday, February 14th. Projects are generally considered non-City projects if the applicant is a not-for-profit organization. Those with questions regarding the need to submit a non-City project application should review the Guidelines for Capital Funding Requests summary, accessible by visiting the City’s website, nyc.gov.
-30-