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HomeMy WebLinkAbout14 - Community Development Block Grant — Economic Development Job Retention ProgramQ �EwPpRT CITY OF O � z NEWPORT BEACH <,FORN'P City Council Staff Report July 14, 2020 Agenda Item No. 14 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Seimone Jurjis, Community Development Director - 949-644-3232, sjurjis@newportbeachca.gov PREPARED BY: Lauren Wooding Whitlinger, Real Property Administrator, Iwooding@newportbeachca.gov James Campbell, Deputy Community Development Director, jcampbell@newportbeachca.gov PHONE: 949-644-3236 TITLE: Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program ABSTRACT: As a result of the global pandemic COVID-19, and pursuant to funding from the 2020 federal stimulus plan — Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), the City of Newport Beach ("City") will receive an additional allocation of funding under its participation in the U.S. Department of Housing and Urban Development's Community Development Block Grant ("CDBG") Program. With the additional allocation of $219,324 in CDBG CARES Act funds ("CDBG-CV"), the City has developed an economic development program to assist small businesses suffering from economic hardships resulting from the pandemic. This Substantial Amendment to the 2020-21 Annual Action Plan ("Amendment") is required to notify HUD how the City plans to allocate the CDBG-CV funds to projects and programs that benefit low- and moderate -income Newport Beach residents. The Amendment also programs $250,371 of funds already included in the 2020-21 Annual Action Plan for economic development. Combined, this program allocates $469,695 to an economic development program that supports businesses by helping to create and retain jobs. RECOMMENDATION: a) Conduct a public hearing to receive comments on the Draft Substantial Amendment to the 2020-21 Annual Action Plan; b) Find the approval of the Substantial Amendment to the 2020-21 Annual Action Plan exempt from the National Environmental Policy Act ("NEPA") pursuant to 24 CFR Part 58, Section 58.34; c) Find the approval of the Substantial Amendment to the 2020-21 Annual Action Plan is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect 14-1 Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program July 14, 2020 Page 2 physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly; d) Adopt Resolution No. 2020-69, A Resolution of the City Council of the City of Newport Beach, California, Approving a Substantial Amendment to the 2020-21 Annual Action Plan for the Federal Community Development Block Grant Program (Attachment A); and e) Authorize the City Manager to: 1. Submit the Substantial Amendment to the 2020-21 Annual Action Plan to HUD; 2. Execute the CDBG-CV Program Grant Agreement and all related documents on behalf of the City; 3. Execute the sub -recipient agreements with the nonprofit organizations receiving allocations of CDBG funds in the Substantial Amendment to the 2020-21 Annual Action Plan; and 4. Authorize the Community Development Director, or his/her designee, to be the official representative of the City of Newport Beach, and to submit required environmental documentation for CDBG projects. FUNDING REQUIREMENTS: This item provides for City Council approval of expenditures for $469,695 in CDBG and CDBG-CV funds for the 2020-21 fiscal year. There is no fiscal impact to the General Fund. DISCUSSION: Background The City receives a formula grant allocation of CDBG funds each year from the federal government, through the U.S. Department of Housing and Urban Development ("HUD"). The objective of the CDBG program is to develop viable urban communities by providing suitable housing and expanding economic opportunities for low- and moderate -income residents. Considering the economic impacts resulting from the global pandemic COVID-19, under the 2020 federal stimulus plan — CARES Act, the City will receive an additional allocation of $219,324 of CDBG funding from HUD. Considering the financial hardships felt by many small businesses in Newport Beach, staff has developed an economic development program using the CARES Act funds in combination with the $250,371 currently earmarked in the 2020-21 Annual Action Plan. For a combined economic development program of $469,695. 14-2 Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program July 14, 2020 Page 3 Proposed Substantial Amendment to 2020-21 Annual Action Plan In order to program the annual grant allocation earmarked for a future economic development program and the CARES Act funds to a specific activity, the City must prepare and submit to HUD a Substantial Amendment to its 2020-21 Annual Action Plan. While the proposed economic development program identified in the Amendment anticipates the City will assist at least 20 local small businesses and create or retain approximately 16 low- and moderate -income jobs, the funding levels recommended below will allow the City to assist a larger number of businesses and retain more jobs. The funding sources and amounts to be allocated to the economic development program are outlined in the table below, and are also reflected in the Amendment, which is included as Exhibit A to Attachment A to this staff report. CDBG FY2020-21 Funds Capital Projects Recommended Economic Development — CDBG Small Business Grant Program $48,860 Economic Development — CDBG Small Business Grant Program $201,511 Subtotal $250,371 *total includes prior years unallocated funds. CDBG-CV Funds Category Recommended Administration (subject to 20% grant cap) CDBG Program Administration $43,864 Capital Projects Economic Development — CDBG Small Business Grant Program $175,460 Subtotal $219,324 Total $469,695 The recommended economic development program is already included in the Strategic Plan priorities of the 2020-24 Consolidated Plan, which was approved by the City Council at its meeting on May 12, 2020. 14-3 Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program July 14, 2020 Page 4 Proposed CDBG Economic Development Grant Program Similar to the $2.1 million in funding received under the Coronavirus Relief Funds Grant Agreement with the County of Orange, and the City's resulting Small Business Relief Grant Program ("Relief Grant"), this proposed CDBG Economic Development Grant Program ("Program") will direct funds to small businesses in Newport Beach that have been affected by COVID-19 and need financial support to sustain their business operations. The Program, as further outlined and described below, will mirror the terms and conditions of the Relief Grant, with eligibility determined based on HUD's requirements for microenterprises and job creation and/or job retention. The Program will mirror the Relief Grant program by giving priority to retail, restaurants, and personal service establishments (i.e. hair salons and barber shops, nail salons, small gyms/health clubs). Eliaibilitv under HUD auidelines Pursuant to HUD guidelines, the Program will allocate funding to small businesses located in Newport Beach that meet one or more of the national objective criteria listed below: ■ The business is a microenterprise, which is a business with five or fewer employees including the owner, and the owner of the business meets the criteria for low- or moderate -income persons; and/or ■ The business uses the grant funds to create or retain permanent job(s) where at least 51 -percent (51 %) of the full-time equivalent jobs involve the employment of low- and moderate -income persons. o Low- and moderate -income limits are based on household income at or below 80 -percent (80%) of the Orange County median income, adjusted for household size, per the table below: Low- and Moderate -Income Limits Orange County, California MAXIMUM Household — GROSS Income Limits as of July 1, 2020 1 person 2 person 3 person 4 person 5 person 6 person 7 person 8 person $71,750 $82,000 $92,250 $102,450 $110,650 $118,850 $127,050 $135,250 Gross Income includes: All gross income (before any deductions) for persons 18 years of age and older including but not limited to, wages, bonuses, unemployment, social security, pensions, disability, child support, alimony, asset income from retirement accounts, checking accounts, savings account, CDs, stocks, bonds, etc. 14-4 Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program July 14, 2020 Page 5 Terms & Conditions Staff is proposing the program framework outlined below: ■ Additional eligibility requirements: o The business was negatively impacted by COVID-19, and can demonstrate the need for financial support resulting from the impact of the COVID-19 pandemic and the California Governor's March 2020 stay-at-home order; o The business is a for-profit enterprise and is located within Newport Beach city limits. Nonprofits who engage in technical assistance type of activities that assist for-profit businesses are eligible; o The business has or will obtain a Data Universal Numbering System (DUNS) Number if a grant is awarded; and o The business must submit the application, and all required supporting documentation. ■ Minimum requirements: o The business must be a legal allowed use and located in a commercial or industrial space; o The officers of the business must reside in Orange County, California; o The business must have an active Newport Beach business license for a minimum of six (6) months; o The business must have 30 or less full-time, or an equivalent combination of full and part time employees, including the owner; o The business must be in good standing with the City, meaning it must be current on its business license fees or business improvement district assessment (or in good standing on its payment plan for either of these fees) and it must not have any existing municipal code violations; o The business must disclose whether they have received capital from the federal Paycheck Protection Program (PPP) or an Economic Injury Disaster Loan (EIDL), or the City's Small Business Relief Grant Program. If a business received PPP or EIDL funds, they are still eligible to receive funds from this Program; however, the funds cannot be used for the same expenses. Additionally, priority will be given to applicants that have not received funding through any of these programs. ■ Businesses who received funds under the City's Small Business Relief 14-5 Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program July 14, 2020 Page 6 ■ Grant Program are not eligible for this Program unless all other applicants have been funded. ■ Grant Amounts Applicants would be eligible to receive a grant of up to $10,000 based on the following business size criteria: o Businesses with less than 5 employees are eligible for a grant of $5,000. o Businesses with 6-10 employees are eligible for a grant of $7,500. o Businesses with 11-30 employees are eligible for a grant of $10,000. ■ Funding Priority The Program would be open to any small business that meets the above listed HUD eligibility criteria and the terms and conditions. Based on the interest level and volume of applications from the Relief Grant, the number of qualified applicants will likely exceed the number of grants available. Program Administration Staff proposes to use the nonprofit Orange County Small Business Development Council ("OC SBDC"), the administrator contracted by the City to administer the Relief Grant, to administer this Program as well. OC SBDC's prior experience administering small business grant and loan programs with other local jurisdictions, as well as staff's assessment of their recent work on the City's grant program makes them the ideal candidate to administer the Program. Additionally, OC SBDC does not charge a fee to administer the program, which allows more of the funds to be granted to small businesses rather than allocated to overhead costs. In accordance with HUD guidelines, approximately 20 percent (20%) of the CDBG-CV funds have been allocated to cover costs associated with administration of the funds. Administration activities may include, but are not limited to, reviewing application documents to confirm compliance with HUD's national objectives, data entry into HUD's funds disbursement system (IDIS), preparing and submitting reports to HUD to document activity and fiscal year-end milestones. Staff does not anticipate spending most of the $43,864 allocated to administration, as OC SBDC does not charge for their services, and the remaining administrative work is anticipated to be covered under the City's CDBG administration consultant's existing contract. If unused, the CDBG-CV administration funds will be redirected to issue additional economic development grants under the Program. 14-6 Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program July 14, 2020 Page 7 Next Steps If approved by the City Council, then the Program will be advertised in the days following this hearing to ensure members of the community are made aware of the program. Following the advertising period, the application will open at the beginning of August 2020. The application and award process are expected to proceed as follows: 1. Program advertised and OC SBDC offers webinars with program guidance to assist interested businesses in completing their applications. 2. Application period opened for a specific number of days, with applications received electronically or by mail. 3. OC SBDC will review and vet the applications against the Program requirements and terms and conditions and oversee a lottery system if the number of applications exceed the available funding. 4. OC SBDC to work with applicants to collect documentation, including HUD required documentation. 5. Grant monies disbursed to recipients once necessary documentation is received and verified by OC SBDC. Community Outreach On July 8, 2020, a notice was published on the City's website, and emailed to all parties that have signed up to receive notifications of the Planning Division, informing the general public the City had prepared a Substantial Amendment to the 2020-21 Annual Action Plan (Exhibit A to Attachment A), and the documents would be available for review and comment until the public hearing on July 14, 2020. To date, no public comments have been received. Additionally, the current adopted Citizen Participation Plan requires that a public hearing be held to receive testimony from interested residents or parties regarding the Amendment. The July 14, 2020, public hearing fulfills this requirement. ENVIRONMENTAL REVIEW: The development of required plans and allocation of CDBG program funds is an administrative activity exempt under 24 FR Part 58, Section 58.34 of the National Environmental Policy Act of 1969 (NEPA), as amended. Staff recommends the City Council find approval of the Substantial Amendment to the 2020-21 Annual Action Plan is not subject to the California Environmental Quality Act ("CEQA") pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. 14-7 Resolution No. 2020-69: Community Development Block Grant — Economic Development Job Retention Program July 14, 2020 Page 8 NOTICING: In accordance with the HUD -approved waiver of CPD Grant Program Requirements to Prevent the Spread of COVID-19 and Mitigate Economic Impacts caused by COVID-19, the 5 -day public review and comment period, notice of the public hearing was published on the City's website on July 8, 2020. Notice was also emailed to all parties that have signed up to receive notifications of the Planning Division. Further, the agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). Subject to a HUD -approved waiver the document was prepared and made available for a 5 -day public review and comment period, which began on July 8, 2020, and concludes with this public hearing before the City Council on July 14, 2020. ATTACHMENTS: /_VW110iaiii_d0 i 1117mel •, 14-8 ATTACHMENT A RESOLUTION NO. 2020-69 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, APPROVING A SUBSTANTIAL AMENDMENT TO THE 2020-2021 ANNUAL ACTION PLAN FOR THE FEDERAL COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM WHEREAS, the City of Newport Beach ("City") participates in the United States Department of Housing and Urban Development's ("HUD") Community Development Block Grant ("CDBG") Program; WHEREAS, HUD requires the City to prepare a Five -Year Consolidated Plan for the use of HUD grant programs outlining the use of the CDBG funds and the strategic vision for housing and community development in the City; WHEREAS, the City Council adopted Resolution No. 2020-51 on May 12, 2020 approving the 2020-2024 Consolidated Plan, the 2020-2021 Annual Action Plan, and the Citizen Participation Plan for the CDBG Program; WHEREAS, the 2020-2021 Annual Action Plan appropriates the CDBG annual grant and other available grant funds during the fiscal year, WHEREAS, as a result of COVID-19, the United States Congress passed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") in March 2020, authorizing $2.2 trillion in stimulus measures to prevent, prepare for, and respond to the COVID-19 pandemic, including $2 billion for CDBG entitlement communities; WHEREAS, on March 4, 2020, California Governor Gavin Newsom issued a Proclamation of a State of Emergency followed by multiple executive orders including Executive Order N-33-20 ordering all residents to stay at home; WHEREAS, the City will receive an additional $219,324 from HUD under the CARES Act ("CDBG-CV"), which is separate and distinct from the City's regular allocation of CDBG funds; WHEREAS, a substantial amendment to the 2020-2021 Annual Action Plan is necessary because the CDBG-CV funds were not identified in the previously approved plans, therefore, the amendment is prepared to appropriate the CDBG-CV funds and create an economic development program to issue small business relief grants; 14-9 Resolution No. 2020 - Page 2 of 3 WHEREAS, the CDBG capital funds will be allocated to an economic development program to be determined and the CDBG-CV funds, mustbe appropriated to CDBG eligible activities consistent with the City's 2020-2024 Consolidated Plan; WHEREAS, in the event of a substantial amendment to an annual action plan, the Citizen Participation Plan normally requires a 30 -day public review period followed by a public hearing prior to adoption; however, in light of COVID-19, HUD reduced the notice period to 5 days and authorized the City to determine the form of notice pursuant to the Waivers of Community, Planning and Development ("CPD") Grant Program Requirements to Prevent the Spread of COVID-19 and Mitigate Economic Impacts caused by COVID-19; WHEREAS, on July 8, 2020, the City published notice on the City's website and sent an e-mail notification that the draft substantial amendment to the 2020-2021 Annual Action Plan would be available to the public for review and comment from July 8, 2020 to July 14, 2020; WHEREAS, a telephonic hearing was held by the City Council on July 14, 2020, due to the Declaration of a State of Emergency and Proclamation of Local Emergency related to COVID-19, in the City Council Chambers located at 100 Civic Center Drive, Newport Beach, California. A notice of time, place and purpose of the public hearing was given in accordance with the Ralph M. Brown Act and the Waivers of CPD Grant Program Requirements to Prevent the Spread of COVID-19 and Mitigate Economic Impacts approved by HUD. Evidence, both written and oral, was presented to, and considered by the City Council at this public hearing; and WHEREAS, the City Council desires to amend the 2020-2021 Annual Action Plan and approve the substantial amendment to the 2020-2021 Annual Action Plan. NOW, THEREFORE, the City Council of the City of Newport Beach resolves as follows: Section 1: The City Council hereby approves the substantial amendment to the 2020- 2021 Annual Action Plan as provided in Exhibit A, attached hereto and incorporated herein by reference. Section 2: The City Council does hereby authorize: (a) the City Manager, or his/her designee, to: 1) submit the 2020-2021 Annual Action Plan as amended to HUD; 2) execute the CDBG-CV Grant Agreement and all related documents on behalf of the City; and 3) execute all subrecipient agreements with the organizations receiving allocations of CDBG and CDBG- CV funds in the 2020-2021 Annual Action Plan as amended; and (b) the Community Development Director, or his/her designee to be the official representative of the City to administer the program and submit required environmental documentation to HUD for CDBG projects. 14-10 Resolution No. 2020 - Page 3 of 3 Section 3: The recitals provided in this resolution are true and correct and are incorporated into the operative part of this resolution. Section 4: If any section, subsection, sentence, clause or phrase of this resolution is, for any reason, held to be invalid or unconstitutional, such decision shall not affect the validity or constitutionality of the remaining portions of this resolution. The City Council hereby declares that it would have passed this resolution, and each section, subsection, sentence, clause or phrase hereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses or phrases be declared invalid or unconstitutional. Section 5: The City Council finds the approval of the substantial amendment to the 2020-2021 Annual Action Plan is exempt under 24 CFR Part 58, Section 58.34 of the National Environment Policy Act of 1969 ("NEPA"), as amended. Section 6: The City Council finds the adoption of this resolution and the approval of the substantial amendment to the 2020.2021 Annual Action Plan is not subject to the California Environmental Quality Act ("CEQK) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Division 6, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. Section 7: This resolution shall take effect immediately upon its adoption by the City Council, and the City Clerk shall certify the vote adopting the resolution. ADOPTED this 14th day of July, 2020. Will O'Neill Mayor ATTEST: Leilani 1. Brown City Clerk APPROVED AS TO FORM: CITY ATTORNEY'S OFFICE A ,— C— H Aaron C. Harp City Attorney Attachment: Exhibit A - Substantial Amendment to the 2020-2021 Annual Action Plan 14-11 EXHIBIT A 14-12 This page intentionally left blank. 14-13 NEWPORT BEACH CITY COUNCIL Will O'Neill Mayor Brad Avery Mayor Pro Tem Joy Brenner Council Member Diane B. Dixon Council Member Duffy Duffield Council Member Jeff Herdman Council Member Kevin Muldoon Council Member 14-14 This page intentionally left blank. 14-15 TABLE OF CONTENTS ExecutiveSummary....................................................................................1 Background..............................................................................................1 Sources............................................................................................. 1 Uses of Community Development Block Grant (CDBG-CV).....................1 AP -15 Expected Resources........................................................................2 MatchingRequirements...........................................................................2 AP -20 Goals and Objectives.......................................................................3 AP -35 Projects and activities......................................................................4 AP -90 Program Specific Requirements.......................................................6 Appendices Appendix ACitizen Participation Appendix BSF-424, SF -424D, Certifications CARES Act Substantial Amendment to the 2020-2021 Action Plan 14-16 EXECUTIVE SUMMARY Background Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the President signed it on March 27, 2020 authorizing $2.2 trillion in a variety of stimulus measures to prevent, prepare for, and respond to the COVID-19 pandemic. The law included $2 billion for Community Development Block Grant (CDBG) entitlement communities. The City of Newport Beach receives regular formula -based entitlement grants of CDBG funds through the United States Department of Housing and Urban Development (HUD) each year. Sources The City of Newport Beach will receive the following grant under the CARES Act: CDBG-CV $219,324 These funds are separate and distinct from the City's regular CDBG funds. As of June 15, 2020, HUD continues to release guidance for these programs containing modified program requirements. Subject to the CARES Act and emerging policy from HUD, the City Council is responsible for determining how CDBG-CV funds will be used to prevent, prepare and respond to the COVID-19 virus. This draft Action Plan Amendment describes the approved investment of CDBG-CV funds. Uses of Community Development Block Grant (CDBG-CV) Small Business Relief Grants $175,460 CDBG-CV Program Administration $43,864 Updated Uses of Regular Community Development Block Grant (CDBG) The original 2020-2021 Action Plan adopted on May 12, 2020 included a generalized activity for Economic Development Assistance using $250,371 of CDBG funds. Those funds will now be used for the Small Business Relief Grants project described in this Action Plan Amendment with specific numerical goals for the combined use of the regular CDBG resource and the CDBG-CV resource. CARES Act Substantial Amendment to the 2020-2021 Action Plan 1 14-17 AP -15 EXPECTED RESOURCES The CARES Act allocations from HUD include $219,324 of CDBG-CV funds. The period of performance for these grants under the law is from March 27, 2020 to September 30, 2022. Additionally, $250,371 of funding allocated to Economic Development Assistance in the original 2020-2021 Action Plan will be used in conjunction with CARES Act CDBG-CV funds. Table 1 -- Expected Resources Program Uses of Funds Expected Amount Available Narrative Description Allocation: Program Prior Year Total: Income: Resources. Economic CARES Act Development allocation of CDBG-CV $219,324 $0 $0 $219,324 CDBG to Administration address COVID-19 Matching Requirements The Cares Act allocation of CDBG-CV funds does not require a local matching funds contribution. Note: Information on this page will also be used to update the 2020-2024 Consolidated Plan "SP -35 Anticipated Resources" section, adding the CDBG-CV allocation shown in Table 1. CARES Act Substantial Amendment to the 2020-2021 Action Plan 2 14-18 AP -20 GOALS AND OBJECTIVES Table 2 — Goals and Objectives Goal Name Time Period Category Needs Addressed Funding Goal Outcome Indicator CDBG-CV: Businesses Goal Non -Housing $175,460 Assisted: Economic 2020-2022 Community Economic 20 Businesses Development Development Development Regular Assistance CDBG: Jobs $250,371 Created/Retained: 16 Jobs Description: Provide technical assistance and additional support to small and micro businesses in the City of Newport Beach to provide job support and fulfill economic needs of low- and moderate -income residents. Provide one-time funding to small businesses located within the city that need financial assistance to aid in their recovery from the temporary loss of revenue due to the COVID-19 public health emergency. NIA Goal 3 CDBG-CV 2020- Program All CDBG-CV: Program 2022 Administration $43,864 Administration Subject to the CARES Act and emerging policy from HUD, including program regulations and waivers, CDBG-CV funds will be used to pay the City's costs to plan for the use of CDBG-CV funds, process all required grant administration documents, forms, agreements, and payments, and to monitor and report to HUD concerning implementation of activities in compliance with federal regulations. Note: Information from this page will also be used to update the 2020-2024 Consolidated Plan "SP -45 Strategic Plan Goals" section, adding CDBG-CV funds to the Economic Development Assistance and Program Administration goals. CARES Act Substantial Amendment to the 2020-2021 Action Plan 3 14-19 AP -35 PROJECTS AND ACTIVITIES To address the goals and objectives identified in Section AP -20, the City of Newport Beach will invest these funds for the project activities shown in the table below. Table 3 — CDBG-CV Project and Activities 1 Project Name Small Business Relief Grants Target Area Citywide Goals Supported Economic Development Assistance Needs Addressed Economic Development Funding CDBG-CV: $175,460 Regular CDBG: $250,371 Description Subject to the CARES Act and emerging policy from HUD, including program regulations and waivers, CDBG-CV funds will be used for the Small Business Relief Grant Program that provides one-time funding to small businesses located within the city that need financial assistance to aid in their recovery from the temporary loss of revenue due to the COVID-19 public health emergency. To be eligible to apply for the Small Business Relief Grant Program, a business must demonstrate the need for financial support due to the temporary loss of revenue resulting from the impact of the COVID-19 pandemic and the Stay at Home order in one of the following ways: • The business was deemed non-essential and was forced to shut down by the state or local government, Sales from the business are down more than 25 percent compared to the previous three months (Prior to February 15, 2020) or a comparable 3 -month period in 2019; • The business has had to lay off at least one of its employees (full- or part-time employee); or • One or more of the employees in the business have contracted COV[D-19, while at work. For more information, please visit: htt s:/Iwww.new ortbeachca. ovl overnment/de artments/cit - managerlsmall-business-program-grant Target Date 9/30/2022 Accomplishments Approximately 20 businesses will be assisted, 16 Jobs Created/Retained Location Citywide Planned Activities Small Business Relief Grants (20 Businesses Assisted, 16 Jobs Created/Retained) CARES Act Substantial Amendment to the 2020-2021 Action Plan 4 14-20 2 Project Name CDBG-CV Program Administration Target Area Citywide Goals Supported Program Administration, Economic Development Assistance Needs Addressed Economic Development Funding CDBG-CV: $43,864 Description Subject to the CARES Act and emerging policy from HUD, including program regulations and waivers, CDBG-CV funds will be used to pay the City's costs to plan for the use of CDBG-CV funds, process all required grant administration documents, forms, agreements, and payments, and to monitor and report to HUD concerning implementation of activities in compliance with federal regulations. Target Date 9/30/2022 Estimate the NIA — Program Administration number and type of families that will benefit Location Citywide Planned Activities CDBG-CV Program Administration $43,864 CARES Act Substantial Amendment to the 2020-2021 Action Plan 14-21 AP -90 PROGRAM SPECIFIC REQUIREMENTS In the implementation of program activities under the CDBG-CV Action Plan will follow all HUD regulations and some or all of the waivers made available by HUD concerning compliance matters such as program income, forms of investment, and overall low- and moderate -income benefit (if applicable). Community Development Block Grant -CV Program (CDBG-CV) The following tables address HUD regulatory requirements at 24 CFR 92.220(1)(1) concerning program income and CDBG-CV low- and moderate - income benefit. Table 4 — Program Income 1. The total amount of program income that will have been received 0% before the start of the next program year and that has not yet been reprogrammed 0 2. The amount of proceeds from section 108 loan guarantees that will be used during the year to address the priority needs and specific objectives identified in the grantee's strategic plan. 0 3. The amount of surplus funds from urban renewal settlements 0 4. The amount of any grant funds returned to the line of credit for which the planned use has not been included in a prior statement or plan 0 5. The amount of income from float -funded activities 0 Total Program Income: 0 Table 5 — Low- and Moderate -Income Benefit 1. The amount of urgent need activities* 0% 2. The estimated percentage of CDBG funds that will be used for activities that benefit persons of low- and moderate -income. Overall Benefit - A consecutive period of one, two or three years may be used to determine that a minimum overall benefit of 70% of CDBG funds is used to benefit persons of low- and moderate -income. Specify the years covered that include this Annual Action Plan. 100% Note: I ne amount for urgent Need activities may change depending on waivers issued by HUD subsequent to this Action Plan amendment. CARES Act Substantial Amendment to the 2020-2021 Action Plan 6 14-22 14-23 Summary of Public Comments To be inserted subsequent to the public review and comment period. 14-24 cXWPpR� r � ►V t o 14-25