Due to the overwhelming member response to our Small Business Recovery Grant (SBRG) Program, the Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that an additional $2.5 million in funding will be added on November 3, 2025. SBRG Program funding is available on a first-come, first-served basis*.
Members may submit a completed SBRG Application and Certification Form to SBRG@fhlbny.com. Your application submission should list all eligible small businesses or non-profits (not to exceed a total of $50,000) and your institution must certify that they meet the Program Guidelines.
Should you have any questions, please email our team at SBRG@fhlbny.com or contact your Relationship Manager at (212) 441-6700 or the Member Services Desk at (800) 546-5101, option 1.
*Funding will be distributed in the following order: (1) to fulfill applications currently on the waitlist from the initial offering; (2) to support members who did not fully utilize their original $50,000 allocation and wish to do so; and (3) to provide funding to all other members, including those that previously received funding, on a first-come, first-served basis.