Title:
Title
CARES Act Relief Fund for Creative Economy Recovery Program: Additional Grant Funding for Arts, Tourism and Creative Economy
End
FileID
File ID: 2020-01062
Location
Location: Citywide
End
Recommendation:
Recommendation
Adopt a Resolution increasing the Creative Economy Recovery Program budget by a total of $6.9 million from the CARES Act Program (G02610100) in the Federal CARES Act Fund (Fund 2704) to support the arts, tourism and creative economy.
FileName
Contact: Mannylyn Timoteo, Administrative Analyst, (916) 808-3982, Jody Ulich, Director (916) 808-5105, Convention and Cultural Services Department.
Body
Presenter: None
Attachments:
1-Description/Analysis
2-Coronavirus Relief Fund Programs
3-Resolution
Description/Analysis
Issue Detail: On March 13, 2020, the City declared a local emergency in response to the spread of the COVID-19 pandemic. Several actions were taken by the City to provide immediate economic relief to city businesses and residents. On April 21, 2020, the City received $89.6 million in Coronavirus Relief Funds (CRF) from passage of the CARES Act.
Framework and Funding Priorities: On May 12, 2020, Council participated in a workshop to discuss a CRF framework and funding priorities and on May 26, 2020 adopted a general framework proposed by the Mayor for funding priorities. During the workshop, Council expressed overall interest in funding programs and projects that provide small business assistance, get people back to work, offer opportunities for youth enrichment, address homelessness and housing issues, and support families impacted by this pandemic. The deadline for expending CRF funds is December 30, 2020.
A working group of departments has been working with the City Attorney and Auditor's offices to prepare CARES Act funding recommendations and review funding suggestions for eligibility and alignment with identified Council priority areas:
* Small Business Assistance: Financial, technical, an...
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