What are Hudson Bonds?
An community-based way to help Hudson's small independent businesses most affected by the pandemic.
Hudson Bonds help our small businesses in two important ways:
- They provide much-needed grants to help businesses make ends meet as an outcome of the shutdown.
- They provide a base of new sales once it’s safe for them to reopen—giving them a leg up when they need it most.
Hudson Bonds are an innovative investment in preserving the unique character of our great small city, in which businesses are based on individual initiative and lots of hard work.
How do the Hudson Bonds work?
Part Donation. Part Redeemable Voucher.
As a donor, you purchase a Bond for 2x the face amount. Half of your donation is a tax-deductible contribution to the Hudson Small Business Relief Fund. The other half (in the form of a beautiful Hudson Bond) is yours to spend at a participating business through July 31, 2021. Columbia Economic Development Corporation is the Fiscal Agent for the Hudson Bond program.
Here's an example:
- You donate $50
- $25 of your donation goes to the relief fund and $25 in the form of a beautiful Hudson Bond is yours to spend
- When we reopen, you use your $25 Hudson Bond to make a purchase at the participating business of your choice
- The business submits the bond and receives $25 cash
Why should we all buy Hudson Bonds?
Hudson’s small businesses aim to create an inspired and joyful urban experience. They are the heart and soul of our community.
Nearly every business is owned and operated by a hardworking local entrepreneur, so the money they earn here, stays here, and continues to benefit the local economy. In Hudson, our small businesses generate jobs, provide services, support social, educational and arts programs, and represent a large proportion of the city’s tax base. In addition, the economic activity they create has a ripple effect across the county and valley, supporting farmers, craftspeople, contractors, plumbers, electricians, landscapers and many other small businesses.
Hudson is a great small city and an economic asset for the whole area. It’s time to come together to do everything we can to make sure our small businesses survive—not just for their sake, but for that of our city and the entire Hudson Valley region.
The Outlook from Hudson Businesses
We are losing the bulk of our sales every month. We can hold out for a while but unsure for how long at this stage. Our landlord has been kind enough to cut our rent in half.
Jennifer Arenskjold, Arenskjold Antiques Art
It is both heartbreaking and inspiring to read the thoughts, concerns and ideas of this vibrant and determined community. For us, unfortunately, we were faced with a lease ending, and a rental increase with renewal. It wasn’t, and isn’t easy.
Carolyn Mix + Darcy Doniger, 2 Note Hudson
Small business is always hard, with huge challenges, but this situation requires communal solutions. It’s not just leaving everyone at the mercy of their landlord, and crossing their fingers for good luck. It’s difficult for all of us, and we need to share the burdens as we work our way through it.
Monica Byrne, Home/Made Hudson
It’s devastating to hear of businesses closing and threatening to close right now. Hudson is such a vibrant example of independent creative retailers who put so much of ourselves into our businesses and the local community. My business is my life. I have given it my all and will continue to do so.
MaryVaughn Williams, Hudson Clothier
I’m deeply worried about the health impacts of reopening and unsure how to trust and know it will be safe enough to do so. My herb shop is very small and only one customer at a time, wearing a mask, could be inside in order to effectively socially distance.
Lauren Giambrone, Good Fight Herb Co.
Use your Hudson Bonds at these businesses:
(please check back for more business locations)
Batterby House B&B, 251 Allen St
Batterby House Shop, 608 Warren St
Bavier Brook, 621 Warren St
Carrie Haddad Gallery, 622 Warren St
The Cascades, 407 Warren St
Colonia Antiques, 530 Warren St
de Marchin, 620 Warren St
Dish Hudson, 103 Warren St
Elliott Acupuncture & Chinese Herbal Medicine, 876 Columbia St
Fig & Bella, 525 Warren St
finch clubhouse, 558 Warren St
FINCH Hudson, 555 Warren St
Flower Kraut, 722 Warren St
Fluff Alpaca, 521 Warren St
Foley & Cox Home, 317 Warren St
Fred E Trout, 102 Warren St
Galerie Gris, 621 Warren St
Gestalt New York, 614 Warren St
The Gilded Owl, 318 Warren St
Hawkins New York, 613 Warren St
Hudson Clothier, 443 Warren St
Hudson Cruises, Henry Hudson Waterfront Park
Hudson Food Studio, 746 Warren St
Hudson Hall at the historic Hudson Opera House, 327 Warren St
Hudson Home, 366 Warren St
Inn at 34, 34 S. 2nd St
Kasuri, 1 Warren St
Les Indiennes, 444 Warren St
Lil’ Deb’s Oasis, 747 Columbia St
Lili and Loo, 259 Warren St
LOOK Apparel & Accessories, 703 Warren St
The Maker, 302 Warren St
Marine Penvern, 715 Warren St
Mark and Larry Antiques, 99 S. 3rd St, Door 21
Millinery Treasures, 739 Warren St
MINNA, 421 Warren St
Modern on the Hudson, 605 Warren St
Nine Cakes, 748 Warren St
Nolita Bakery and Cafe, 454 Warren St
Oak Pizzeria Napoletana, 523 Warren St
Pro Printers, 59 Fairview Ave
Red Chair, 606 Warren St
Regan & Smith, 601 Warren St
Source Adage, 314 Warren St
Spotty Dog Books & Ale, 440 Warren St
Supernatural Coffee, 527 Warren St
Tanzy's, 223 Warren St
TK Home & Garden, 441 Warren St
Tradewinds, 409 Warren St
Turnquist Collective, 305 Joslen Blvd.
Valley Variety, 705 Warren St
Verdigris Tea, 135 Warren St
Wm. Farmer & Sons, 20 S. Front St
Wunderbar Bistro, 744 Warren St