Economic Recovery Strategy—Long Beach Recovery Act
Economic Development & Finance Committee—March 8, 2022
Background
2 • Approved by the City Council on
March 16, 2021.
• Funded via Federal Government thru
American Rescue Plan Act (ARPA)
• Funding and programs officially
adopted by the City Council as part of
the FY 22 Budget in September 2021.
• Funding available for implementation
as part of the new fiscal year
beginning October 1st.
Long Beach Recovery Act
LBRA
3 Economic Recovery Programs
4 Economic Recovery Programs
5 Economic Recovery Programs
6 Recovery Act Website
7 https://longbeach.gov/recovery/
Economic Development Programs
8 Phase I: Live Now!
Support Programs ($17.5M)
✓ BizCare Program (Call Center,
Pop-ups, and Outreach Team)
✓ Clean City Corridor Cleanup
Coordination
✓ COVID-19 Testing & Tracing
Support
✓ WorkLB: On-Demand Workers
✓ Storefront Reopening Grants
✓Visitor Attraction & Hospitality
✓ Inclusive Procurement (via FM)
Direct Grants ($20.5M)
✓Restaurants, Bars & Breweries
✓Fitness & Personal Services
✓Other Businesses
✓Non-profit Administrative Support
✓Fee Waivers: Business/Non-profits
✓Business Supporting Organization
Technical Assistance
✓Citywide Small Business Navigators
✓Business Improvement Districts
Phase II: Launching Soon (Q1/Q2)!
Economic Inclusion ($7.6M)
✓Guaranteed Income Pilot Program
(RFP process underway)
✓Bridge the Divide: Residential and
Commercial Connectivity (RFP
process underway)
✓Economic Empowerment Zones
(multiple RFP launching soon)
✓Economic Innovation Districts
(multiple RFP launching soon)
✓Inclusive Business Navigators
Economic Development Programs
9 Phase III: Launching Q3 & Q4
Direct Grants ($20.5M)
✓Customer Activation to Reopen
Local Business and Activate
Consumer Spending
✓Eviction Protection: Commercial
Tenant and Landlord Support
✓Expedited Permitting (via DV)
✓Arts & Culture Organization Grants
Economic Inclusion ($7.6M)
✓Diverse Business Council
✓Service Worker Protection
✓Youth Workforce Hero Program
✓PLA Community Outreach
✓Economic Empowerment Zones
✓Economic Empowerment Fund
Development
✓Economic Recovery Studies and
Community Reporting
Economic Development Programs
10 • ARPA Compliance: timing for some programs or procurements may fall under Federal guidelines.
• Financial Reporting: information on year-end expenditures were reported in Financial Management year-end report.
• Program Expenditures: will be reported in the upcoming bi-annual LBRA memo (TFF) which will be published in April.
• Progress Reports: updated information is available on the City Recovery website: www.longbeach.gov/recovery, under the “Recovery Plan” tab. • Procurement Forecast: local businesses and non-profits may find information about anticipated opportunities, timing, and how to submit bids at: www.longbeach.gov/recovery/opportunities/contracting-opportunities City Council Questions:
Procurement Opportunities
11 Next Steps
12 • Inclusive Business Outreach: Launched
• Business Technical Assistance: RFP Open (multiple)
• Direct Grants: Online Application Open!
• BID Grants: Finalizing Grant Agreements (multiple)
• Bridge the Divide: RFP Open (multiple)
• Economic Empowerment Zones: RFP Open (multiple)
• Economic Innovation Districts: RFP Open (multiple)
• Guaranteed Income Pilot Program: RFP Open
Key Activities: March 2022
Recommendation
13 Thank You