Implement a new grant program to redress the inadequacy of the existing grant programs for which the majority of small businesses in lower Manhattan are ineligible.

Resolution calling upon the Federal Department of Housing and Urban Development, Empire State Development Corporation, the Governor of the State of New York and the Mayor of the City of New York to implement a new grant program to redress the inadequacy of the existing grant programs for which the majority of small businesses in lower Manhattan are ineligible due to insufficient annual revenues and number of employees.