Local law · Int 1087-2024
A study on a program to make bridge loans available to awardees of capital funding from the city
Official titleShow
A Local Law in relation to a study on a program to make bridge loans available to awardees of capital funding from the city
The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.
New York City Council
Summary
This bill would require the Office of Management and Budget (OMB) to conduct a study on the feasibility of creating a bridge loan program for not-for-profit entities that receive capital funding grants from the city and to report on the findings of the study.
Summary from NYC Council (Legistar). How we handle summaries
From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Sep 7, 2026. About our data
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Where it stands
The session ended before it was voted on. It was not defeated; it simply ran out of time, which is what happens to most legislation. It would have to be reintroduced.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Committee on Finance
Cosponsors
Kevin C. Riley, Althea V. Stevens and 13 others
Cosponsors in the order the New York City Council lists them.
- Democratic13
Party is shown for the 13 cosponsors who are on Agora.
Shown in neutral colors by design; Agora is non-partisan.
- Kevin C. Riley
- Althea V. Stevens
- Chi A. Ossé
- Selvena N. Brooks-Powers
- Kamillah Hanks
- Mercedes Narcisse
- Lynn C. Schulman
- Justin L. Brannan
- Chris Banks
- Alexa Avilés
- Susan Zhuang
- James F. Gennaro
Show the full list (15 names)Show fewer cosponsors
- Shahana K. Hanif
- Erik D. Bottcher
- Crystal Hudson
Names without a link are in the official record but not on Agora.
Full history
- Dec 31, 2025
Filed
This Introduction was Filed (End of Session)
NYC Council
- Oct 10, 2024
Introduced
This Introduction was Introduced by Council
NYC Council
- Oct 10, 2024
Referred to committee
This Introduction was Referred to Comm by Council to the Committee on Finance
NYC Council