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What is NYC RCNY § 18-04?

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a. Eligibility will be determined based on an applicant's ability to satisfy the requirements set forth in subdivision a of 66 RCNY § 18-03 as demonstrated by the documentation specified in the table in subdivision b of this section.

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Effective: 4/1/2023

§ 18-04 Selection Criteria.

RCNY § 18-04

a. Eligibility will be determined based on an applicant's ability to satisfy the requirements set forth in subdivision a of 66 RCNY § 18-03 as demonstrated by the documentation specified in the table in subdivision b of this section. Applicants that do not meet such requirements will be eliminated from further consideration. b. DSBS may use any of the resources or document types set forth in the table below to determine whether an applicant meets the eligibility criteria in subdivision a of 66 RCNY § 18-03. DSBS may request, and an applicant must provide, any other documentation as necessary to determine an applicant's eligibility to receive a risk assessment and grant pursuant to this chapter. ELIGIBILITY REQUIREMENTDOCUMENTATION TYPEELIGIBILITY REQUIREMENTDOCUMENTATION TYPEApplicant is an owner or a tenant of a commercial property.If the applicant is a tenant: Infogroup's RefGovUSA database (http://www.referenceusagov.com/), NYS Department of State records, or the most recent federal income tax return filed by the applicant (Form 1120 - Line 1(a) - Gross receipts or sales).If the applicant is an owner: Automated City Register Information System (ACRIS) database (acrisweb.csc.nycnet/cp), a copy of the deed or title to the commercial property, or the most recent federal income tax return filed by the applicant (Form 1120 - Line 1(a) - Gross receipts or sales).The commercial property is occupied by a small business that has been in operation for at least one (1) year.If the applicant is a tenant, a copy of the lease for the commercial property.If the applicant is an owner, a signed certification letter.The commercial property is located in a geographically vulnerable area.NYC Flood Hazard Mapper and NYC Stormwater Resiliency MapsApplicant's annual revenue does not exceed $30 million dollars.The most recent federal income tax return filed by the applicant (Form 1120 - Line 1(a) - Gross receipts or sales), or, in the case of an applicant who is a tenant, Infogroup's RefGovUSA database (http://www.referenceusagov.com/)Applicant is in substantial compliance with applicable federal, state, and local laws, rules and other legal requirements.Signed certification letterApplicant is current or in repayment on all federal, state or city taxes, and is not delinquent in payments owed to resolve judgments or liens.Signed certification letterApplicant did not previously receive any grant or other benefit, including an assessment relating to resiliency, from DSBS' BPREP Grant Program or the RISE: NYC program.Signed certification letterAll required licenses and permits relating to the commercial property or the small business occupying the commercial property are current.Signed certification letter c. Awardee determination. Awardees will be determined in two rounds in accordance with this subdivision.

1.If there is insufficient funding available for all applicants determined to be eligible pursuant to subdivision a of this section in a given round, awardees will be determined on a first-come, first-served basis, based on the order in which applicants have submitted a complete application. If available funding is exhausted prior to the completion of round one, round two may be canceled by DSBS.

2.Round one. In accordance with paragraph 1 of this subdivision, an applicant determined to be eligible pursuant to subdivision a of this section shall be determined to be a awardee provided: (i) the applicant submitted an application on or before the application deadline; and (ii) annual revenue of the applicant for the prior calendar year, or for the most recent calendar year for which the applicant submitted a federal income tax return, from the commercial property in the case of an applicant who is an owner, or from the small business in the case of an applicant who is a tenant, is no more than $17 million.

3.Round two. Following completion of all determinations of awardees in round one, any other applicant determined to be eligible pursuant to subdivision a of this section shall be determined to be an awardee in accordance with paragraph 1 of this subdivision, subject to available funding. (Added City Record 3/2/2023, eff. 4/1/2023)

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