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AgdaPkt 2020-08-10 Special Joint SA PFA
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AgdaPkt 2020-08-10 Special Joint SA PFA
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Last modified
10/1/2020 9:16:50 AM
Creation date
8/6/2020 4:29:57 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Special
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
8/10/2020
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REC for Phase II <br />• Renaissance will distribute 30-40 grants (average size $5,000) to businesses <br />meeting low income criteria in the targeted areas of: <br />• Daly City: 94014 and 94015 <br />• East Palo Alto: 94303 <br />• Menlo Park: 94025 <br />• Unincorporated Mid -Coast: 94038 <br />• Pescadero: 94060 <br />• Redwood City/NFO: 94061, 94063 <br />• San Mateo: 94401, 94403 <br />• South San Francisco/San Bruno: 94080, 94066 <br />• Grant funds will be used to develop specific support programs that may include: <br />• Training and guidance to build resiliency, pivot operations, reestablish revenues <br />and/or re -open <br />• Providing funding for purchasing/upgrading technology (noting that lack of technology <br />is often the reason that these businesses are not able to access available resources) <br />• Acquiring COVID-19 precaution supplies (PPE) and safety remodeling, building <br />operational capacities and pivoting business models to meet new customer preferences <br />
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