NYCEDC Selects Administrators for Brooklyn Cruise Terminal Community Fund and Sunset Park Special Purpose Project Fund
New York City Economic Development Corporation (NYCEDC) today (Oct 01 2026) announced the selection of two nonprofit fund administrators to manage community-centered funds benefiting Brooklyn waterfront neighborhoods.
The Public Housing Community Fund (PHCF) will administer the Brooklyn Cruise Terminal Community Fund (BCTCF), which will support projects in Red Hook, while Brooklyn Org will administer the Sunset Park Special Purpose Project Fund (SPPF), which will support projects in Sunset Park.
The administrators will lead transparent, community-informed processes to solicit project ideas, support local participation, oversee disbursements, and track impact in coordination with NYCEDC, local residents, community stakeholders, and Council Member Alexa Avilés’s office.
Together, the funds are designed to reinvest waterfront-generated revenue into community priorities, including public realm improvements, workforce development, environmental stewardship, quality-of-life improvements, and other neighborhood-identified needs.
