Manhattan Cruise Terminal Community Fund Administrator

New York City Economic Development Corporation (NYCEDC) is issuing a Request for Proposals (RFP) to identify qualified Fund Administrators to manage the Manhattan Cruise Terminal Community Fund (MCTCF) designed to support projects identified by community members and may include, but are not limited to, environmental stewardship, public realm improvements, and workforce development initiatives in the Hells Kitchen. The selected Fund Administrator will be responsible for leading and managing transparent project solicitation and selection processes, overseeing Fund disbursement, implementing robust monitoring and evaluation frameworks, and memorializing funding priorities in collaboration with local stakeholders all through an inclusive community engagement process. The MCTCF is financed through a $1 per passenger fee collected from cruise lines operating under exclusive berthing agreements. NYCEDC anticipates approximately $2 million in total funds for MCTCF by the end of calendar year 2026, with disbursement amounts expected to range between $700,000 annually. The administration fee for the selected organization will be sourced from a portion of the MCTCF Funds. No additional funding sources are available for this solicitation. NYCEDC will accept proposals from a variety of institutions, including, but not limited to nonprofit organizations, community foundations, certified community development financial institutions (CDFIs), certified community development entities (CDEs), local business improvement districts (BIDs), and independent consultants with a demonstrated history of managing community funds and engaging local stakeholders. NYCEDC plans to select one organization on the basis of factors stated in the RFP which include but are not limited to: the respondents cost proposal, experience and qualifications of the respondent, proposed outcomes, and overall proposal quality. An optional virtual informational session will be held on Tuesday, June 23rd at 10:00 A.M. Those who wish to attend should RSVP by using the RSVP web form available at https://edc.nyc/rfps on or before Monday, June 22nd, 2026. Respondents may submit questions and/or request clarifications from NYCEDC no later than later than 5pm on Wednesday, August 12th, 2026. Questions regarding the subject matter of this RFP should be directed to the Q&A web form available at edc.nyc/RFPs. Answers to all questions will be posted by August 18th, 2026, to https://edc.nyc/rfps Questions regarding the subject matter of this RFP will not be accepted after 5pm on Wednesday, August 12th, 2026, however, technical questions pertaining to downloading and submitting proposals to this RFP may be directed to RFPREQUEST@edc.nyc on or before Thursday, September 3rd, 2026. Detailed submission guidelines and requirements are outlined in the RFP, available as of Tuesday, June 16th, 2026. To download a copy of the solicitation documents please visit https://edc.nyc/rfps. RESPONSES ARE DUE NO LATER THAN Thursday, September 3rd 2026 at 4:00 P.M.. Please click the link in the Deadlines section of this projects web page (which can be found on https://edc.nyc/rfps) to electronically upload a proposal for this solicitation. Please upload your response as a single .zip file, labeled with your company name and the title of this RFP. | Category: Goods and Services | Method: Request for Proposals