§ 18-05 Award.
RCNY § 18-05
An applicant determined to be an awardee pursuant to 66 RCNY § 18-04 will receive a risk assessment of the commercial property. If the risk assessment includes a recommendation to purchase resiliency equipment, the awardee will receive a grant, in a total amount of up to $5,000, subject to available funding. Such grant may not be disbursed until execution by the awardee of a signed and notarized grant agreement, in a form specified by DSBS, and submission by the awardee of proof of payment of the resiliency equipment pursuant to subdivision b of 66 RCNY § 18-03. The amount of such grant is limited to the cost incurred to purchase such resiliency equipment, as documented by such proof of payment. (Added City Record 3/2/2023, eff. 4/1/2023)
