Title
Request Retroactive Authorization to Apply for, Accept and Disburse Funding from the United States Conference of Mayors DollarWise Innovation Grant Program (Ordinance S-48225)
Description
Request to authorize the City Manager, or his designee, to apply for and, if awarded, accept funding from the United States Conference of Mayors DollarWise Innovation Grant Program. The total grant amount is $10,000. Further request to authorize the City Treasurer to accept, and the City Controller to disburse, all funds related to this item for the life of the grant.
Report
Summary
The DollarWise Innovation Grant Program is an economic mobility initiative of the United States Conference of Mayors designed to provide funding to develop and/or scale innovative efforts that help working people and families prosper economically, particularly within under-served and under-represented communities. For Fiscal Year 2022, seven individual grants of $10,000 each will be awarded to cities with innovative programs or efforts that foster economic mobility and wealth or income growth for their residents. Applications are due on Dec. 10, 2021.
Contract Term
The grant period is from Jan. 1, 2022, through Dec. 31, 2022.
Financial Impact
There is no impact to the General Fund. Funding will be provided by the United States Conference of Mayors. No matching funds are required.
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Human Services Department.