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Coronavirus relief: Morgan Stanley commits $2M to NYC street food vendors
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What a lender for the vendors.
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Morgan Stanley is giving back in a big way to the street food vendors of New York City, pledging $2 million to keep folks in business as the coronavirus pandemic continues.
The bank announced the news on Thursday, revealing that the funding will give over 2,000 vendors upward of $1,000 a pop in cash assistance for rent, utilities and food. Partner Robin Hood is donating an additional $375,000 to the cause, coordinated with the Street Vendor Project.