The People's Budget

Type of funding: Infrastructure (capital)

Rough cost estimate: Between $2 million and $7.2 million

Evaluation notes:

✅ This idea could be implemented without changing current policy or law.

❌ This City doesn't have jurisdiction to do this idea. 

✅ This idea doesn't name a specific vendor. 

❌ This idea would incur costs indefinitely. 

Justification: Supporting homeownership through Office of Housing (OH) and OED business support.

Other notes: OED offers programs and funding for small businesses with programs and resources by connecting them to operating capital, alternative financing, navigating government regulation and processes, tenant improvement grants, permit support, and commercial space technical assistance, legal and business resources, and 1-to-1 consultation.

Thank you for sharing your idea. This idea and its evaluation have been forwarded to the budget delegates. They will use this information to group together similar ideas, narrow down options based on community needs, and develop fully detailed proposals for you and your community to vote on in October 2023.