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Paradise Council greenlights HCD workforce-training grant and directs staff to cash‑flow initial draws
Summary
The council authorized staff to proceed with a $17.8 million HCD-funded workforce-training project, directing the town to front initial monthly draws (estimated $1.5–2.0 million at a time) while partner reimbursement and grant administration are arranged; staff warned of lost investment income of roughly $120,000–$160,000 on the funds taken from the town's pro fund.
The Town of Paradise council voted to advance a large workforce‑training project funded through the California Department of Housing and Community Development (HCD), directing staff to administer the grant and cash‑flow near‑term project expenses that partners cannot front.
Interim town manager Michael Bridal and project staff told council the grant is scoped at about $17.8 million, with construction and program costs spread across multiple partners including Paradise Unified School District, Butte College and local workforce organizations. Staff said many partners cannot operate on a pure reimbursement basis…
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