ADMINISTRATIVE REPORT
MEETING DATE: July 9, 2025 AGENDA CATEGORY: Consent - Agreement TO: Honorable Mayor and City Council
FROM: Jennifer M. Byers, Economic and Community Development Director DATE: June 20, 2025
SUBJECT: Agreement with 3C Capital Fund Inc. (not to exceed $120,000) for Displacement Avoidance Plan (Ward 1, 2, 3)
RECOMMENDATION:
Staff recommends approval of the agreement.
BACKGROUND:
In 2023, the City of Bakersfield applied for a Transformative Climate Communities (TCC) grant from the California Strategic Growth Council (SGC). In partnership with local organizations and the community, the Southeast Strong initiative was created. It consists of projects and programs focused in Southeast Bakersfield, an area of the City with some of the most disadvantaged census tracts in the State of California as determined by CalEnviroScreen 4.0. This initiative is aimed at making capital improvements within the area to address underinvestment and to bring new opportunities to southeast residents.
Proposed improvements include new affordable housing, urban greening, bicycle and pedestrian transportation improvements, energy efficiency improvements for low-income homeowners, and support programs.
On March 10, 2025, the City entered into Agreement No. SGC23129 with SGC for the TCC grant in the amount of $22,125,000 for the Southeast Strong initiative. Funds will be used to support multiple revitalization projects and programs for Southeast Bakersfield.
The City will partner with four agencies to implement the policies and programs of the Displacement Avoidance Plan (DAP). The plan will support residents in businesses in the area by focusing on stabilizing existing residents and businesses, mobilizing residents to homeownership, and investing in long-term strategies to make the community more resilient. 3C Capital Fund Inc. (3CCF) is one of the entities to support the City in implementing the DAP. The agreement would award 3CCF $120,010 in TCC funds.
FISCAL IMPACT:
No fiscal impact to the General Fund.
COUNCIL GOAL:
Economic Opportunity for All
Community Character & Quality of Life
Reliable Infrastructure
WARD: 1, 2, 3
ATTACHMENT:
Agreement