Starting May 26, the Federal Home Loan Bank of New York (FHLBNY) will offer $5 million in grant funding under the 2026 Small Business Recovery Grant (SBRG) Program. Through the SBRG Program, members will be able to provide grants of up to $10,000 to qualifying small businesses, including farms and non-profit organizations, that have faced economic challenges and/or supply-chain constraints. Funding will be limited to $50,000 per member.
Using the same simplified application process as last year, members may begin to submit their completed SBRG Application and Certification Form to SBRG@fhlbny.com at 8:30 a.m. ET on May 26, 2026.* Applications will be accepted until available funds are exhausted or until 5:00 p.m. ET on July 31, 2026, whichever occurs first. Your one-time application submission should list all eligible entities and your institution must certify that they meet the Program Guidelines. Applications are considered on a first-come, first-served basis.
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.
