The New York City Council enacted a local law to expand the scope of a feasibility study related to the temporary use of vacant New York City Public Housing Authority (NYCHA) commercial spaces by resident-owned businesses. This law specifically includes the consideration of potential grant funding for these businesses. The bill amends the administrative code to define 'micro-grant' as financial assistance up to $10,000. It requires the New York City Economic Development Corporation (EDC) to identify vacant NYCHA commercial spaces suitable for 'pop-up' businesses and to offer micro-grants to help residents establish, expand, or grow their businesses within these spaces.