Are there projects involving non-City entities that will have agreements so that residents are guaranteed public benefit from bond funds?
Yes. There are 11 projects in the bond program that will combine City funds with other entities funds or assets to complete specified projects. The City is working to finalize initial agreements of intent with these entities detailing the requirement of public benefit as a condition to receive funding.
Related Questions
- Are there projects involving non-City entities that will have agreements so that residents are guaranteed public benefit from bond funds?
- How is this agreement similar to and different from previous agreements that covered public radio entities?
- How do New York City residents benefit from the public financing of campaigns?
