Mandated by the New York City Charter, Section309, our board consists of15 members who are appointed by the Mayor. Our mandate is to advisethe Commissioner on matters at her request and report annually to thegovernment and administration of the city.
Section 6-134(h)(3) of the Fair Wages for New Yorkers Act requires that the City submit to the City Council and post on the City's website an annual report detailing the extent to which projects that received at least $1 million of financial assistance provide employees a living wage.
Upon entering into any agreement to develop property for an economic development project receiving financial assistance, the city or city economic development entity shall submit to the council a report covering project jobs, wages and benefits.
A quarterly report on EDC’s expenditure, as well as, retention or designation of persons or organizations to engage in lobbying or lobbying activities before the council or any member thereof, the city planning commission, a borough president, a borough board or a community board.
Report assessing and evaluating each business entity to which it provided financial assistance in excess of $150,000, or sale or lease of city-owned land for a project expected to retain or create not less than 25 jobs, to determine whether they met minority and women-owned business goals.
This annual report provides an update on the agency’s implementation of its Language Access Implementation Plan, as required by Local Law 30 (2017). The report covers activity during Calendar Year 2019.
This report also addresses updates for agencies covered by Local Law 73 (2003).