Accept $15,000 grant to support small business loan program
$15,000
In Plain English
The San Francisco Foundation offered Richmond $15,000 to help run a federal loan program for local businesses. The city operates a revolving loan fund through the U.S. Department of Commerce that provides low-interest loans to small businesses. If approved, this grant money helps cover administrative costs of the loan program.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
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