Accept $15,000 grant to support small business loan program
Small Business LoansBudgetAppropriation
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.
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Votes
Motion · Official minutes
Approve consent calendar
Passed
7 aye · 0 nay
NBJBTBEMGMJMVP
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