Jay-Z’s group would give an initial $15 million to the local community, plus ongoing grants based on .5% of the casino’s performance, they say.

Brooklyn native Jay-Z is trying to bring some of that influence downtown. The billionaire has been trying to expand his portfolio with a Times Square casino bid, and now he’s attempting to sweeten the pot by promising the Hell’s Kitchen community $250 million in hopes that it will help him win the bid.

Jay-Z's Roc Nation has unveiled a $15 million grant program for the NYC community surrounding the Caesars Palace Times Square casino bid.

Caesars Palace Times Square says it's committed to working with other organizations in the Hell's Kitchen community and giving back.

Roc Nation has spearheaded a “first-of-its-kind” financial commitment to the Hell’s Kitchen community in New York City, NY, as part of the proposal for Caesars Palace Times Square. According to a press release,

JAY-Z’s Roc Nation is taking the steps to ensure the creation his Caesars Palace Times Square casino does right by the community. On Monday (Sept. 23), the entertainment company announced a grant program to help Hell’s Kitchen and the surrounding areas near the proposed gambling house.