File #: 18-487    Version: 1 Name: Vettiing Procedures for City Loans & Financial Support
Type: Staff Report Status: Agenda Ready
In control: Rules Committee
Meeting Date: 9/24/2018 Final action:
Enactment date: Enactment #:
Title: Staff Report for Discussion of Vetting Procedures for Financial Support Requests from Community Organizations
Sponsors: City Council
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Title
Staff Report for Discussion of Vetting Procedures for Financial Support Requests from Community Organizations

Staffreport
SUMMARY AND RECOMMENDATIONS

Per City Council direction at the April 16, 2018 Council meeting, staff provides the following information for the Rules Committee's consideration regarding the current vetting procedures that are used to evaluate requests for loans or financial support from local community-serving organizations and businesses.

BACKGROUND

Each year, the City of San Leandro manages a number of programs that provide financial support to a variety of non-profit, service organizations, and/or local businesses to support and augment the important programs or services that they provide to the public, or otherwise advance adopted city goals. Examples of such programs through which financial awards are allocated include:

Key Programs

* Community Assistance Program (CAP program)
* Community Development Block Grant (CDBG) Capital Program
* Affordable Housing Development Funding Program
* Economic Development/ Business Incentive Program

Others
* Community Investment Program
* Arts Commission - arts and culture grants program

Analysis
A brief overview of each of the above-referenced programs is provided in the subsequent pages of this staff report. As outlined in those summaries, each of the programs has incorporated a robust set of procedures and screening criteria that are used to vet applications before outcomes are rendered by the respective decision-making bodies that are charged with their implementation. As requests for support are received throughout any given year, staff attempts to connect the requesting entity to the appropriate funding program. From time to time, the City will receive requests that either do not directly align with one of these existing programs, or exceed available funding. In those instances where the request is modest in nature (e.g. typically less than $5,000), the Community Investment progra...

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