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CC- ACTION ITEM: Discussion and Direction Regarding Pilot Micro-Grant/Small Business Assistance Programs.
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Meeting Date: May 12, 2025
Contact Person/Dept: Elizabeth Garcia/ Economic and Cultural Development Department
Phone Number: (310) 253-5708
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Attachments: Yes [X] No []
Public Notification: (E-Mail) Meetings and Agendas - City Council (05/07/2025)
Department Approval: Michael Bruckner, Assistant City Manager (04/25/2025)
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RECOMMENDATION
Staff recommends the City Council discuss pilot micro-grant small business assistance programs, and direct the City Manager as deemed appropriate.
BACKGROUND
In September 2024, City Council requested staff gather information relative to a pilot micro-grant/small business assistance program similar to the current Sustainable Business Certification Program. The Sustainable Business Certification Program conducts a sustainability assessment of participating businesses and provides an action plan that promotes sustainability and increases operational efficiency.
In considering direct assistance options, staff reviewed a compilation of former Redevelopment Agency programs, as well as precedent examples from other cities as reference in considering a potential small business assistance program.
Former Redevelopment Agency Programs
All these programs were funded using redevelopment funds, which are no longer available. Future programs would need to be funded through the City's General Fund.
1. Commercial Fa?ade Rehabilitation Grant Program
The Commercial Fa?ade Rehabilitation Grant Program provided funding to businesses and property owners to assist with building fa?ade improvements to enhance select commercial corridors within the Redevelopment Areas. Different commercial corridors were selected to enhance other investments such as the West Washin...
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