The City of Sacramento (“City”) is now accepting applications for Inclusive Economic Development Investments (“Investments”) under the City’s Inclusive Economic Development Investment Funding Guidelines (“Funding Guidelines”). The purpose of Investments is to foster economic and community development and job growth within the City of Sacramento that create opportunities for all of Sacramento’s residents, while at the same time prioritizing strategic investments for people of color, low-income individuals, and underinvested communities.
The Fund will use city dollars to make Investments in projects and programs that advance inclusive economic development and reduce inequities by:
Improving the health, stability and economic security of residents and neighborhoods;
Fostering business and job growth; increasing household wealth;
Encouraging productivity; and,
Supporting people, places, and actions that promote economic growth throughout the City’s diverse communities.
Special Note on Housing Projects: While the City works to create a framework and process for the upcoming housing bond, housing submittals will also be accepted and cataloged here for future funding consideration.
We look forward to your submission.
The City intends that this initial Call for Applications will inform the development of two new Investment programs anticipated to be made available in 2020: (1) Neighborhood and Community Investments, and (2) Economic Development Investments. Consequently, the City is not committing to a minimum amount of total funding awards that will be made available under this initial Call for Applications and reserves the right not to award any funding at this time. If no funding is awarded through this initial Call for Applications, the City may allow applications to be re-submitted and reviewed under future Investment programs.
Applications may be submitted through this website in the form of a short pre-proposal or a detailed full proposal.
Pre-proposals that align with the City’s Investment Objectives in the Funding Guidelines may allow applicants an opportunity to receive technical assistance from City staff and/or community partners to help applicants further develop and refine their full proposals.
Full proposals must contain enough detail for City staff and the Investment Committee to make an informed funding recommendation to the City Manager. The Investment Committee may recommend that full proposals lacking sufficient detail be re-submitted as pre-proposals.
The deadline to submit a pre-proposal or full proposal under this initial Call for Applications is January 31, 2020 at 4:00 p.m. PST. All applications for funding will be reviewed on a rolling basis. Applications will be screened by City staff for minimum eligibility. Applicants will receive a notification within three (3) weeks of submission regarding the status of their application screening. Applications that meet the Minimum Eligibility Criteria specified in the Funding Guidelines, advance the city’s inclusive economic development and equity goals, and demonstrate readiness and sustainability may be forwarded to the Investment Committee for further vetting. The City anticipates that the Investment Committee will advise the City Manager regarding next steps in the funding recommendation process. Factors that the Investment Committee will consider include overall application volume and quality, project/program readiness, funding availability, and potential allocation strategies. Funding commitments of $100,000 or more will require City Council approval.
Funding commitments that exceed $100,000 and funded with Measure U Funds will also be vetted by the Measure U Advisory Committee. The Measure U Advisory Committee will review, report, and make a non-binding funding recommendation to City Council. Measure U funding recommendations, not subject to City Council approval, will be forwarded to the City Manager for consideration.
If you have questions about the application, please contact the Office of Innovation and Economic Development at (916) 808-7223. If you need access to a computer to complete the pre-proposal application or full application you can visit a local public library, please call (916) 264-2700 or visit https://www.saclibrary.org/ for hours. You can also contact one of the city’s partners:
Sacramento Asian Chamber of Commerce - (916) 446-7883
Mack Road Partnership - (916) 706-3833
Greater Sacramento Urban League - (916) 286-8600
Sol Collective - (916) 585-3136
The Center at Sierra Health Foundation - (916) 993-7701