State’s Business and Economic Development Agency Will Gather Advice From Communities Of Color On How To Spend Up To $50M Every Year
SACRAMENTO, CA (October 2018) - In a strong partnership with Youth Forward, the California Urban Partnership held a series of meetings and stakeholder calls this year with the Governor's Office of Business and Economic Development (GOBiz).The goal was to ensure that communities of color across the state will be able to provide input on the state’s new Community Reinvestment Grants program, which will be funded by state marijuana tax revenues.
(GOBiz) has now announced the dates, locations and times for a series of workshops on the Community Reinvestment grants program. This is a new funding source for nonprofits and local health departments working in communities impacted by the War on Drugs. GOBiz intends to issue $9.6 million in grants before June of 2019. In the workshops, the GOBiz staff will share their thinking on how to structure the grant program and will solicit input.
The Prop 64 funded program will grow by $10 million each year until it reaches $50 million. At that point it becomes an ongoing $50 million funding stream.
“This new grant program represents a rare opportunity for grassroots organizations that work with the formerly incarcerated, system-impacted adults and young people, and families in trauma-impacted neighborhoods to access a stable, public funding stream,” said Jim Keddy, executive director of Youth Forward.
“We’re particularly excited that GOBiz has this investment opportunity,” added Malaki Amen, chief executive officer of the California Urban Partnership. “Systems-impacted populations have never been a significant business and economic development audience served by GOBiz. If these funds are distributed properly, GOBiz can play a huge and intentional role in helping systems-impacted populations cure the economic destruction they face, particularly through grassroots controlled efforts that are linked to job creation as an end result.”
The program will fund services focused on addressing mental health, job placement, legal services, substance abuse treatment, systems navigation, and linkages to medical care.
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