San Francisco committee approves $44M modification for JobsNow waste subsidy program

In a recent meeting of the San Francisco County Budget and Finance Subcommittee, a significant resolution was discussed that aims to enhance the city's JobsNow program. The committee, chaired by Supervisor John Avalos, approved a modification to the contract with Acumen Fiscal Agent, which will provide private employer-based waste subsidy reimbursements for qualified JobsNow participants. This modification includes an additional $44 million, bringing the total contract amount to approximately $53 million.

The resolution, which has been under review for several sessions, reflects the city's ongoing commitment to supporting job creation and economic recovery. The contract's term has been shortened to end on October 31, 2010, contingent upon the potential approval of a new federal jobs bill, which remains uncertain. If the federal government moves forward with this initiative, the city plans to explore various options for implementing the program, including proposals from other interested parties and possibly managing some aspects in-house.

While no public comments were made during the meeting, the committee expressed its intention to forward the recommendation to the full board for further consideration. This decision underscores the city's proactive approach to addressing employment challenges and supporting local businesses during a critical time. As the situation develops, residents can expect updates on how these initiatives will impact job opportunities in San Francisco.