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City program has awarded $2.1M to nonprofits; officials urge continued funding to prevent displacement
Summary
City officials and the Northern California Community Loan Fund reported that the $4.5 million Nonprofit Displacement Mitigation Program has awarded $2.1 million in grants to 35 organizations and provided technical assistance to more than 50 nonprofits; presenters and nonprofit leaders urged baseline and extended funding to sustain results.
Supervisor Jane Kim convened a hearing to review initial findings from the Nonprofit Displacement Mitigation Program. Brian Chu (Mayor’s Office of Housing & Community Development), Tom DeCaney (Arts Commission) and representatives from the Northern California Community Loan Fund (NCCLF) described implementation and outcomes since the Board set aside roughly $4.5 million for nonprofit mitigation in 2014.
Program results: Presenters reported that $2.1 million in financial assistance grants have been awarded to 35 organizations (12 arts/culture and 23…
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