This resolution allows the Office of Economic and Workforce Development to use a $498,869 grant from the U.S. Department of Commerce to support equity initiatives in downtown recovery. The funding covers the period from December 1, 2021, to September 30, 2022.
Resolution retroactively authorizing the Office of Economic and Workforce Development to accept and expend a grant in the amount of $498,869 from the U.S. Department of Commerce for Driving Equity through Downtown Recovery during the grant period of December 1, 2021, through September 30, 2022.
How it got here
The legislation originated from a federal grant application by the San Francisco Office of Economic and Workforce Development to support downtown recovery efforts post-COVID-19.
The Office of Economic and Workforce Development submitted a grant application for $498,869 to the U.S. Department of Commerce under the Economic Adjustment Assistance program to support downtown recovery efforts.
The grant period for the Driving Equity through Downtown Recovery initiative officially began, allowing the Office of Economic and Workforce Development to start utilizing the funds.
The Board of Supervisors received and assigned the resolution to authorize the acceptance and expenditure of the grant funds.
The resolution was filed pursuant to Board Rule 3.40, moving it forward in the legislative process.
The grant period for the Driving Equity through Downtown Recovery initiative concluded, marking the end of the funding cycle.
Reconstructed from attached documents & the official record