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QUESTION

Have grants been considered to establish a minimum funding level for specific BIDs?

0:44:21

·

35 sec

Deputy Commissioner Calvin T. Brown acknowledges the idea of using grants to set funding floors for specific bids as unexplored but is open to further discussion.

Council Member Oswald Feliz suggests exploring grants to ensure specific bids are properly funded, mentioning a hypothetical increase from $90,000 to $150,000.
Deputy Commissioner Brown states the concept has not been explored before.
Brown expresses openness to discussing the proposal further with Feliz.

Oswald Feliz

0:44:21

Have we thought about or explored any grants that could potentially set floor in terms of funding for specific bids just to make sure that they are properly funded.

0:44:33

For example, a bid that has a total budget of $90,000 per year, bumping it up to 150,000 through grants and making that the potential floor.

Calvin T. Brown

0:44:46

Something that we haven't explored, but welcome, you know, to follow-up with you to kind of walk through what that would look like.

Oswald Feliz

0:44:54

Okay.

0:44:55

Cool.

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Are there grants available to support smaller Business Improvement Districts (BIDs) in resources?

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What is the available funding and maximum grant for the small BID support grant program?