Title
Staff Report for a Loan to the Davis Street Family Resource Center in the Amount of $1.5 Million for the Purpose of Funding Start-Up Costs to Provide Health Services to Eligible Patients
Staffreport
SUMMARY AND RECOMMENDATION
Staff recommends that the City Council authorize the City Manager to negotiate and execute a loan agreement with the Davis Street Family Resource Center in an amount not to exceed $1.5 million, an interest rate not to exceed 4.5% per annum and a final maturity not to exceed two years.
BACKGROUND
Throughout its 24-year history, the Davis Street Community Center, Incorporated, doing business as the Davis Street Family Resource Center (DSFRC) has responded to the needs of San Leandro's most vulnerable families. By providing those services that allow families to survive and flourish, DSFRC has become a key leader in guiding its client-families out of poverty and into productive lives. Adding to a service matrix that includes child care, free acute medical care, mental health supportive services, family and domestic abuse counseling, emergency food, clothing, housing assistance, and utilities support, in 2014, DSFRC is adding a full service primary health care clinic to meets its clients' health needs.
The Davis Street Primary Care Clinic (the PCC) will allow sick children, including those who are customers in its child care facilities, to be immediately seen by a physician; patients seen in the PCC with uncontrolled diabetes, for example, can be taken by nutrition counselors to the adjacent Food Bank and guided toward selecting healthier meal choices. The addition of the PCC, which is directly attached to a dedicated Family Resource Center, will provide another community resource for citizens needing a helping hand.
DISCUSSION
The DSFRC is seeking a loan of $1.5 million, from the City of San Leandro, to cover operating costs for the first 24 months of operation of the new PCC. Due to changes in the reimbursement...
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