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OEWD proposes $10M for small‑business grants and $25M for downtown/Tenderloin investments while cutting some workforce programs
Summary
OEWD told supervisors it seeks $10 million for small‑business grants, $25 million for Mid‑Market/Tenderloin safety ambassadors and downtown activations, and modestly increased capacity (151 FTE) while acknowledging $13.4 million in workforce program reductions driven by the winding down of one‑time pandemic services.
The Office of Economic & Workforce Development presented its two‑year budget to the committee, stressing equity‑driven recovery while acknowledging difficult tradeoffs. The department proposed a $10,000,000 round of small‑business grants to replenish high‑demand programs (commercial rent relief and 0% loan programs) and a $25,000,000 package to support Mid‑Market and the Tenderloin: safety ambassadors, UN Plaza/Fulton Mall/Civic Center activation and sustained deployment for downtown wayfinding and…
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