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Bronx Empowerment Zone

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The Bronx Overall Economic Development Corporation (BOEDC), the administrator of the Bronx Empowerment Zone (EZ), offers two loan programs for qualified Bronx Empowerment Zone companies. Both programs offer loans at a very low interest rate and long terms in return for the borrowers commitment to hire Bronx Empowerment Zone residents. The Business Assistance Initiative (BAI) can generally lend up to $1 million to finance up to half of a project's cost. The EZ Loan Fund can finance up to 80% of a project's cost up to loans of $200,000.
851 Grand Consourse, Suite 123
Bronx, NY 10451
Contact Frank Randazzo, Director of Empowerment Zone

Smallbiz Services Locations: Bronx, Hunts Point, South Bronx
Smallbiz Services Business Types: Construction, Manufacturing

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