Addendum-II-AttachmentToQ&A-NYStateMinority&WomenRevolvingLoanTrustFund-RFA.xlsx

This is an Addendum and Attachment B to the Request for Applications for the New York State Minority and Women Revolving Loan Trust Fund administered by Empire State Development. The document serves as a Portfolio Performance template for applicants to complete as part of their application submission. Applicants must provide historical loan performance data and projected financial information across three calendar years (2025, 2026, and 2027), with the option to select their own financial calendar beginning and ending dates. The template requires organizations to briefly describe their mission and history of providing technical and financial assistance to minority-owned business enterprises (MBEs) and women-owned business enterprises (WBEs), outline specific goals to be achieved through the requested funding, and indicate whether the organization provides business loans outside New York State. Applications are due August 31, 2026 at 3:00 PM ET, with questions due by August 14, 2026 at 5:00 PM ET and ESD responses provided by August 19, 2026.

The Portfolio Performance attachment requires detailed reporting across three performance categories: Total Loan Performance, New York State Loan Performance, and organizational metrics including one-to-one technical assistance and self-sufficiency ratios. Applicants must report total numbers and dollar amounts of outstanding loans, loans closed, delinquency ratios, net loan loss ratios, and loan loss reserve ratios for both M/WBE and other small business categories. This data collection establishes baseline performance metrics for eligible applicants, which include empire zone capital corporations, community-based local development corporations, industrial development agencies, local and community development corporations, or federally certified CDFIs. The evaluation criteria weight track record in M/WBE lending at 30%, making this portfolio documentation a critical component of the application for the $15 million in total available funding, with individual awards up to $1 million per administering entity. Contract start is anticipated for October 2026.