How Do I Reduce Costs to Make My Project Feasible?

4/23/2024

Exploring All Your Financing Options

New York nonprofits, businesses, and developers are uniquely positioned to benefit from economic development initiatives. To date, ThinkForward has raised more than $500M in tax credits and incentives for our city’s small and community-based enterprises.

We begin by answering the question, “What are all the economic incentives and grants available for your project?” City, state, and federal opportunities are explored, in addition to specific initiatives and targeted discretionary funds, like the NYC Discretionary Funds for Capital Projects.

Finally, we explore alternate funding sources.

• NYCC Member district “local” initiatives

• City Council “Speaker’s List”

• Various targeted use initiatives: senior services, youth/community development, anti-poverty measures

• Citywide initiatives for underserved communities 

More Resources to Reduce Project Costs and Risk

We partner with reputable real estate planners, brokers, project managers, consultants, attorneys, and other professional consultants critical to your project’s success. Our economic development agency partners further help reduce and defer your transaction and operating costs.

We access a full development team with expertise specific to your project challenges and aspirations. This means, for example, development partners and architects with nonprofit experience, if applicable. Similarly, we have longstanding relationships with real estate consultants capable of weighing for you the advantages of picking one site over another.

All these resources are mobilized to reduce your capital project costs and your ongoing operational expenses.

 

You Have a Project.
You Have Questions.
You Have a Funding Need.
A 10-minute conversation can go a long way toward answering your questions. We may also be able to connect you to the right resources and people to help you.
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Insights

How Do I Reduce Costs to Make My Project Feasible?

Exploring All Your Financing Options

New York nonprofits, businesses, and developers are uniquely positioned to benefit from economic development initiatives. To date, ThinkForward has raised more than $500M in tax credits and incentives for our city’s small and community-based enterprises.

We begin by answering the question, “What are all the economic incentives and grants available for your project?” City, state, and federal opportunities are explored, in addition to specific initiatives and targeted discretionary funds, like the NYC Discretionary Funds for Capital Projects.

Finally, we explore alternate funding sources.

• NYCC Member district “local” initiatives

• City Council “Speaker’s List”

• Various targeted use initiatives: senior services, youth/community development, anti-poverty measures

• Citywide initiatives for underserved communities 

More Resources to Reduce Project Costs and Risk

We partner with reputable real estate planners, brokers, project managers, consultants, attorneys, and other professional consultants critical to your project’s success. Our economic development agency partners further help reduce and defer your transaction and operating costs.

We access a full development team with expertise specific to your project challenges and aspirations. This means, for example, development partners and architects with nonprofit experience, if applicable. Similarly, we have longstanding relationships with real estate consultants capable of weighing for you the advantages of picking one site over another.

All these resources are mobilized to reduce your capital project costs and your ongoing operational expenses.

 

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Challenge No. 1

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Solutions

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