During a recent government meeting, officials discussed the allocation of funds from the Community Development Block Grant (CDBG) economic development program, following the state department's announcement of the annual notice of funding availability. The meeting highlighted a total of $1.5 million available for community economic development initiatives and an additional $300,000 earmarked for workforce development training.

Key proposals for the $1.5 million include the continuation of a low-interest small business lending program and a facade improvement program aimed at enhancing the appearance of businesses in unincorporated areas. Additionally, discussions are underway regarding a partnership with North Edge Financial, which is set to develop energy systems for small businesses, addressing the critical issue of high energy costs in Lake County—currently among the highest in the nation.

The meeting underscored the urgency of energy costs, which have led some businesses to consider closure. The proposed energy enhancements, such as solar systems, are seen as potential long-term solutions, although they may not be feasible for all businesses due to the upfront investment required.

Furthermore, the board is working with Pacific Gas and Electric (PG&E) to explore financing options for energy improvements, particularly during the summer months when energy costs peak. This collaboration aims to stabilize expenses for local businesses and reduce reliance on an inadequate power grid.

The $300,000 allocated for workforce development is intended to support the BUILD program, which focuses on enhancing job training and employment opportunities in the region. The board is also in the process of gathering performance measures for the microenterprise program, which will be shared electronically with board members.

Overall, the discussions reflect a proactive approach to addressing economic challenges faced by local businesses, with a focus on energy costs and workforce development as critical areas for investment and support.