NYC Council Passes and Introduces New Legislation, Governor Announces 2021 REDC Awards, Rachel Loeb Appointed as President and CEO of NYCEDC
May 17, 2021
May 17, 2021
Last Wednesday, the NYC Council convened a stated meeting, where they passed and introduced multiple pieces of legislation. The Council passed a bill that will prohibit food service establishments from providing single-use plastic straws, stirrers, and splash sticks to customers who don’t ask for them. However, customers may request a plastic straw, and food service establishments would be required to provide one free of charge without inquiring about the reason for the request. The Council also passed a bill that will require the Department of Education to create food waste prevention programs in public schools. The Council introduced legislation that would require apartments rented through home-sharing sites such as Airbnb to be registered annually with the City. They also introduced a bill that would require the City to identify at least one location in each New York City zip code suitable for installing a public bathroom. You can find all of the bills passed and introduced here.
Last Tuesday, Governor Cuomo announced the launch of the 2021 Regional Economic Development Council (REDC) initiative. The 2021 funding round includes more than $750 million across all 10 REDC regions to drive post-pandemic recovery across the state through job-creation and community development projects. The funding includes $225 million in grants and tax credits to fund high value regional priority projects, and over $525 million in resources from state agencies available to support community revitalization and business growth. You can find the 2021 REDC Guidebook here and the Consolidated Funding Application portal here. Applications opened up on May 10 and will be accepted through July 30, 2021.
Last Tuesday, Mayor de Blasio appointed Rachel Loeb as the President and CEO of the New York City Economic Development Corporation (NYCEDC). Loeb has been with NYCEDC since 2018, where she worked to advance equity and inclusion into NYCEDC’s work and helped lead the organization through the COVID-19 pandemic. She has been serving as NYCEDC’s Acting President since March, previously serving as Chief Operating Officer for the agency. Loeb will be succeeding James Patchett, who stepped down after leading the agency for the previous four years.
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