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Int 0969-2023 · BillLocal Law 2023/133

A Local Law to amend the administrative code of the city of New York, in relation to information on local community development financial institutions

Introduced
Reported from Committee
Passed CouncilPassed
Local Law
Step 4 of 4 · Local Law
Linda Lee
Sponsor
Linda LeeDemocratDistrict 23
Cosponsors
24
Introduced
Mar 15, 2023

Summary

The proposed bill requires the department of small business services to provide information related to local community development financial institutions (CDFIs) via the one-stop-shop online portal established by Local Law 94 of 2022. Such information shall include a directory of participating local CDFIs and a description of each CDFI’s mission statement, operating locations, and the services and types of loans offered.

Official summary of legislation · NYC Council

Legislative history

Last action

Mar 15, 2023