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What is NYC RCNY § 16-07?

Quick Answer

A Grant Agreement between DSBS and an Applicant approved as eligible for a grant must be executed within six (6) months of said approval. An Applicant must submit documentation to substantiate its Eligible Moving Costs within one (1) year of execution of the Grant Agreement.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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Effective: 10/19/2019

§ 16-07 Execution of Grant Agreement.

RCNY § 16-07

A Grant Agreement between DSBS and an Applicant approved as eligible for a grant must be executed within six (6) months of said approval. An Applicant must submit documentation to substantiate its Eligible Moving Costs within one (1) year of execution of the Grant Agreement. Failure to submit required documentation may result in recapture and/or forfeiture of the grant or any remaining balance of the grant. (Added City Record 9/19/2019, eff. 10/19/2019)

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