Title
Recommendation to Modify Eligibility Requirements for Non-Profit Organizations Applying for Alameda Strong Community Relief Fund by Including Paycheck Protection Program Recipients and Adding a Requirement Related to the Maximum Number of Employees Employed by the Non-Profit Organization. (Community Development 256)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
On May 19, 2020, the City Council approved the creation of the Alameda Strong Community Relief Fund (Relief Fund) to provide grants or other types of relief to small businesses, non-profit organizations, and residential renters that have been financially impacted by the COVID-19 pandemic. At that time, the City Council gave direction to staff to restrict eligibility for non-profit organizations to those that have not received federal funding from the newly created Paycheck Protection Program (PPP). This restriction would help ensure that Relief Fund is used to support smaller organizations in greater need of financial support.
Since that time, the PPP has been modified, allowing a greater number of smaller non-profit organizations to be funded. With PPP funding having become available to smaller agencies, staff recommends lifting the PPP restriction and replacing it with an eligibility requirement. That requirement would specify that organizations with two or more locations can have no more than fifty (50) full-time equivalent (FTE) employees in total and organizations with one location can have no more than twenty five (25) FTE employees. This new eligibility requirement would meet the City Council's policy objective of ensuring that the Relief Funds would go to smaller organizations that are more financially impacted by the pandemic.
BACKGROUND
At its May 19, 2020 meeting, the City Council approved the creation of the Relief Fund, a community funding source to provide additional financial support for local small businesses, non-profit organizations, and ...
Click here for full text