Sustaining the economic revitalization of all communities in Upper Manhattan through job creation, corporate alliances, strategic investments, and small business assistance.

Making a Difference in Upper Manhattan

Our Impact

$238 million

invested in Upper Manhattan

$1.1 billion

of private capital leveraged in Upper Manhattan as a result of UMEZ investments

10,000

Nearly 10,000 direct jobs created because of UMEZ’s commitment to Upper Manhattan

Business Investments

UMEZ supports projects that provide new job creation as well as those that would be under-capitalized without our loan capital. Rather than competing with traditional lenders, we tend to augment (or “gap fund”) the level of private capital provided.

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Cultural Investments

UMEZ has established the Cultural Investment Fund (CIF) to support nonprofit cultural organizations and artist-driven projects in Upper Manhattan. Our grants build administrative capacity, support organizational development, and promote sustainability. These investments lead to greater visitorship, new jobs, increased economic activity and foster recognition for Upper Manhattan as one of the City's most dynamic cultural hubs.

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Studio Museum in Harlem / Photo: Will Ragozzino

Workforce Development

Our Workforce Development Initiative provides financial and technical assistance to catalyze employment and training in Upper Manhattan neighborhoods. Our goal is to facilitate access to quality jobs and career advancement opportunities for unemployed—and underemployed—residents.

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