New York City Economic Development Corporation (NYCEDC) is looking for fund administrators to manage the Manhattan Cruise Terminal Community Fund (MCTCF). 

As stated in a press release, the MCTCF is financed through a $1 per passenger fee collected from cruise lines operating at the terminal.  

NYCEDC expects total funds for MCTCF to reach around $2 million by the end of 2026, with annual disbursements of around $700,000. 

The fund supports projects identified by community members covering environmental, public space and workforce development projects in Hell’s Kitchen.

A request for proposals (RFP) has been issued to find a competent person to oversee and manage project solicitation and selection processes, as well as fund disbursement, implement monitoring and evaluation frameworks and engage with local stakeholders.

Proposals can be submitted, among others, by 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.