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Supervisor Malgar proposes Small Business Rezoning Construction Relief Fund to aid businesses affected by rezoning
Summary
The Budget & Finance Committee heard an ordinance to create a Small Business Rezoning Construction Relief Fund administered by the Office of Small Business and OEWD, with grants, loans, a two‑year lookback and CPI indexing; the committee accepted sponsor amendments and continued the item to the call of the chair for additional work.
Supervisor Malgar introduced an ordinance to amend the city’s administrative code and create the Small Business Rezoning Construction Relief Fund, saying the program would provide grants and loans to businesses affected by residential rezoning and related construction, and would be administered by the Office of Small Business together with the Office of Economic and Workforce Development.
The legislation would allow direct grants, technical assistance and, optionally, loans; it establishes the fund as a category‑4 fund…
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