NYC Economic Development Corporation (NYCEDC) Awards Financial Services Contract to Achievement First Inc (September 2025)

NYC Neighborhood Capital Corporation approved the Achievement First, Inc. charter school project in East New York, Brooklyn, allocating up to $7 million in New Markets Tax Credits to support construction of an improved educational facility. The project targets a low-income community and marks NYCNCC’s first education-sector investment.

Scope & details

The full contract record, as filed.

Contract amount

up to $7M NMTCs

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

nyc_neighborhood_capital_corporation_board_of_dire.pdf

Related contracts

Other contracts from Achievement First Inc.

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SUNY Charter Schools Institute Renewal Recommendation Report March 2026

ONGOING

State University of New York Board of Trustees, New YorkMar 31, 2026

achievement-first-aspire-charter-school-minutes-fy26-budget-facilities-committee-jul-7-2025_a3f.md

APPROVED

Achievement First Aspire Charter School, New York10% management fee plus $740,000 ancillary fee (effective 11.2%); increased to 12% of public revenue with ancillary fee eliminatedJul 7, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by NYC Economic Development Corporation (NYCEDC)?

Achievement First Inc was awarded this financial services contract by NYC Economic Development Corporation (NYCEDC), as recorded on September 26, 2025. The contract value is up to $7M NMTCs.

How much is the Achievement First Inc contract with NYC Economic Development Corporation (NYCEDC) worth?

The Achievement First Inc contract with NYC Economic Development Corporation (NYCEDC) is valued at up to $7M NMTCs, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in nyc_neighborhood_capital_corporation_board_of_dire.pdf (Minutes), dated September 26, 2025 from NYC Economic Development Corporation (NYCEDC). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Achievement First Inc hold?

Achievement First Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Achievement First Inc's profile

What is NYC Economic Development Corporation (NYCEDC) currently buying?

Explore NYC Economic Development Corporation (NYCEDC)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View NYC Economic Development Corporation (NYCEDC)'s profile