Economic Recovery and Capacity Building Program Designed to deliver positive impact and outcomes, Representative #AdrianoEspaillat praises our Economic Recovery and Capacity Building Program, which has awarded $300K in grants to local organizations assisting communities affected by pandemic related job losses: “I am appreciative of UMEZ for its ongoing contribution to support this cohort of community organizations that each play a critical role assisting local residents, helping them meet the workforce demands and challenges of a changing economy.” …Helping to build a stronger community is what we do. Read more https://lnkd.in/eTxbdwEm #UMEZ #CDFI
Upper Manhattan Empowerment Zone Development Corporation
Financial Services
New York, NY 2,283 followers
Sustaining the economic revitalization of all communities in Upper Manhattan.
About us
Our mission is to sustain the economic revitalization of all communities in Upper Manhattan through job creation, corporate alliances, strategic investments, and small business assistance. UMEZ facilitates economic development by strengthening the neighborhoods of Central, West, and East Harlem; Washington Heights; and Inwood – through real estate and small business lending, cultural investments, and designing and supporting demand-driven workforce development initiatives. ABOUT UMEZ is an independent not-for-profit corporation with over 25 years of experience in community development. UMEZ is a recognized Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury’s CDFI Fund, and part of a national network promoting economic growth by financing businesses, creating jobs, and rebuilding neighborhoods. UMEZ investments have leveraged over $1.1 billion of private capital in Upper Manhattan and created or retained nearly 10,000 direct jobs thus far.
- Website
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www.umez.org
External link for Upper Manhattan Empowerment Zone Development Corporation
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- New York, NY
- Type
- Nonprofit
- Founded
- 1996
- Specialties
- small business loans, term loans, cdfi, commercial real estate, cultural arts, workforce opportunity, real estate development loans, commercial lending, and business investment loans
Products
Locations
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Primary
Get directions
55 W 125th St
Suite 1100
New York, NY 10027, US
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Get directions
Employees at Upper Manhattan Empowerment Zone Development Corporation
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Delmarie Williams
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Yahshaanyah Hill
Senior Vice President & Chief Program Officer at UMEZ│Economic Development│Community Investment│Grantmaking│Social Impact│Strategy Development…
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Shanee Helfer
Driving impact at the intersection of corporate responsibility and philanthropy.
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Nicole Reiner
Arts Philanthropy Consultant and Grantmaking Specialist
Updates
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Ready to take your small business to the next level in 2024? Upper Manhattan Empowerment Zone Development Corporation is here to help with loans for local small businesses with up to 25% loan forgiveness when you pay on time. This program has been extended to January 31. Learn more and apply today: https://lnkd.in/gPznQ6EV
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Craig Watson and the team at Baked Cravings were looking for funding to expand their business with a CPG offering, and help came at the perfect time. A Microloan from UMEZ funded the development of “The Cookie Bag,” —available in two flavors (brown sugar/oatmeal, and chocolate chip) in brick & mortar NYC (and select adjacent) markets. AND, available to order on Amazon Prime, Etsy, & Snack Magic. Baked Cravings has even been able to expand beyond NYC, opening a 2nd location in August of 2023. “To anyone looking [for funding like this]; it was a quick, easy process. The terms are great. 25% forgiveness with on-time payments. It was a no-brainer,” said Craig. Learn more at: https://lnkd.in/eGNrR8i9. #umez #cdfi #umezatwork
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We’re extending our game-changing Hybrid Microloan Program to small businesses and non-profits in the neighborhoods we serve, through the end of 2023. It’s just part of our commitment to the revitalization of our Upper Manhattan communities. https://lnkd.in/eUM2e_Gt
Upper Manhattan Empowerment Zone Extends Hybrid Microloan Program Until End of 2023 — Upper Manhattan Empowerment Zone
umez.org
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Our President & CEO, Blair Duncan has been named among Manhattan's Power 100 by City & State NY. We're so proud of the work Blair has done (and continues to do) to bring equity and opportunity to upper Manhattan; helping businesses, nonprofits, and local residents build skills for employment. Congratulations Blair! https://lnkd.in/evuzxJdZ
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