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Chief Administrative Office and Planning and Building, Economic Development Division, recommending the Board:
1) Award twenty-four (24) Non-Profit Organization COVID-19 Economic Impact Grants to eligible recipients, in a cumulative amount of $1,978,931.59;
2) Approve use of Non-Profit Organization COVID-19 Economic Impact Grant agreement template;
3) Authorize the Chief Administrative Officer, or designee, to execute grant awards and all other documents necessary to award Economic Impact Grants; and
4) Direct staff to return to the Board with a proposed program that would make funding available to other non-profits and small businesses with the remaining $2,156,128.41 in ARPA funds the Board allocated for non-profit organizations.
FUNDING: American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Funds (SLFRF).
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DISCUSSION / BACKGROUND
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA), which allocated $1.9 trillion to assist in the recovery from the impacts of the COVID-19 pandemic. El Dorado County is receiving a direct allocation of $37.46 million. Approximately $18.7 million was received in June 2021 and the second payment totaling an additional $18.7 million is scheduled to be delivered in June or July 2022.
On November 9, 2021, the Board approved the allocation of ARPA SLFRF funding based upon a recommendation from the Chief Administrative Officer (Legistar item 21-1680), including $4,135,060 for the support of small businesses and/or non-profits. Included in this total is $813,000 designated for the El Dorado County Fair Association.
El Dorado County Non-Profit Organization COVID-19 Economic Impact Grant Program
Based on the Board's direction the Planning and Building, Economic Development Division developed, published, and received applications for the El Dorado County Non-Profit Organization COVID-19 Economic Impact Grant program. The grant is open to organizations which 1) are tax exempt un...
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