CONTACT: Amador Salazar
Amador.Salazar@sanantonio.gov
SAN ANTONIO (June 15, 2022) — Throughout at this time’s Financial and Workforce Improvement Committee assembly, the committee moved to ship the American Rescue Plan Act (ARPA) {dollars} for small enterprise to full Metropolis Council approval.
The ARPA funds can be prioritized for small companies in want of help, technical help, and instruments to help their restoration from the COVID-19 pandemic, whereas constructing long-term resiliency.
Through the particular assembly funding allocations barely modified from preliminary suggestions. $4.2 Million from the Small Enterprise Ecosystem and $1 Million from the Hall Pilot Program classes went to offer small companies with extra funding for COVID affect grants bringing it to a complete of $17.0 million.
A part of the initiative to jumpstart ailing small companies in San Antonio is Operation Facelift 2.0. Operation Facelift is a grant program leveraged to help façade enchancment tasks on industrial buildings situated in goal areas. The initiative is tasked with revitalizing and returning exercise to industrial corridors via enhancements resembling recent paint, new awnings, and restored architectural options.
The revamped initiative was vital for the District 5 group and championed by Councilmember Castillo. That program funding stage remained unchanged on the advocacy of the District 5 Councilmember. Relating to the initiative the District 5 Councilwoman talked about that “Supporting small companies stays a high precedence for our constituents and small enterprise homeowners all through the district. We’re excited to see that they are going to obtain the help they want via these storefront grants. Operation Facelift 2.0 will go a great distance towards encouraging native commerce and assist our small companies towards restoration. District 5 is comfortable to see this funding class stay at $3 Million. Thanks to everybody concerned within the course of to maneuver this ahead.”
The proposal will head to full Metropolis Council and can embody 5 really useful funding priorities starting from:
- Entry to Capital
- Capability Constructing
- Small Enterprise Ecosystem
- Localism
- Geographic Placemaking
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