RECOMMENDATION(S):
APPROVE and AUTHORIZE the Conservation and Development Director, or designee, to submit a final application and accept grant funding in an amount not to exceed $500,000 from the United States Economic Development Administration under the American Rescue Plan Act Build Back Better Regional Challenge to implement elements of the Northern Waterfront Strategic Action Plan to assist with economic recovery from COVID-19 business impacts.
FISCAL IMPACT:
The Build Back Better Regional Challenge grant program has neither an allowed administrative cost component nor a match requirement. The personnel costs to apply for and administer the grant (if successful) will be absorbed by the Department of Conservation and Development.
BACKGROUND:
The United States Economic Development Administration (EDA) published a call for proposals under multiple new grant programs intended to relieve the economic crisis caused by COVID-19. Department of Conservation and Development staff reviewed the available programs, and recommends submitting a grant application under the "Build Back Better Regional Challenge" program, which is geared to regional approaches grounded in existing plans. The Northern Waterfront Strategic Action Plan (SAP), adopted by
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