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Committee approves reprogramming of CDBG/CV funds and directs staff to coordinate small-business relocation applications
Summary
The Committee on Human Rights and Stability voted to reprogram Community Development Block Grant and coronavirus-response funds to finance capital projects and to direct staff to work with small-business owners on relocation and application completion.
The Committee on Human Rights and Stability approved a package of actions to reprogram Community Development Block Grant (CDBG) and coronavirus-response (CV) funds to finance capital projects, support microenterprise and small-business recovery, and to direct staff to coordinate with business owners on relocation and application requirements.
Committee members and staff said the reprogramming would use funds left over from completed projects so the city can spend the money before federal deadlines and avoid returning the grants. A staff presenter identified about $8.9 million available to finance capital needs and said roughly $2,000,000 had been identified for…
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