$10M Fund To Help Small Uptown Businesses During Coronavirus

WASHINGTON HEIGHTS, NY — Help is on the way for small businesses and nonprofits in Northern Manhattan that are losing revenue during the new coronavirus pandemic.

A new "emergency recovery" fund set up by New York-Presbyterian Hospital, the Hispanic Federation, and U.S. Rep. Adriano Espaillat will give $10 million to small businesses and nonprofits in uptown Manhattan who are financially strained by the outbreak, which has caused most businesses to close up shop during a statewide stay-at-home order.

Businesses or nonprofits from Washington Heights, Inwood and Hamilton Heights can apply if they have lost at least 25 percent of their revenue and have been in operation for at least six months, according to a notice from Community Board 12.

The small businesses must also be brick and mortar establishments with a maximum of 100 full-time and part-time employees. Nonprofits must show that they are an established 501(c)3 organization.

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The fund is one of a few ways local organizations are hoping to help businesses during the pandemic, which had infected 23,112 in New York Cit as of Friday morning.

Those interested in applying for the emergency recovery fund can apply here or call Heidy Hernandez at the Chamber office, (212) 928-6595, or email her at wahichamber.info@gmail.com for assistance.