Richmond Rapid Response Fund
Updates and Guaranteed Income
ABOUT R3FABOUT R3F
R3F brings investments and amplifies
value of Richmond and its residents.
In response to the historic and ongoing Covid-19 pandemic, the City of Richmond partnered with community organizations to establish a Richmond Rapid Response Fund (R3F) to assist Richmond residents with essential needs related to health, housing, education, economic recovery, healing, and social services.
Food andEssentials
EconomicRecoveryand Security
Health andHealing Educationand Learning Housing andHomelessness R3F will advocate for and create
healing-centered, racially just policies,
practices, and investments in these
areas and any others that emerge.
Economic Justice is
foundational to our priorities.
CARES Act
$150k allocated by the
City of Richmond
$92,000 on rental assistance for 18 homes
(~$5k each)
$37,100 on direct cash grants to 74
individuals (~$500 each)
The City of Richmond has supported R3F from its
inception by providing access to federal emergency
aid and relief allocations
$20,900 admin and partner disbursement funds
$550,000
in 1,100 direct cash
grants
$477,000
in rent relief funds for
77 families
$1,027,000
to support Richmond
residents in need since
2020
Since the onset of COVID 19 pandemic, R3F has
disbursed almost $1.2 milllion to directly support
Richmond residents most in need.
Since inception, R3F has focused on disbursing resources into the hands of community members in need...
R3F has leveraged these local dollars to bring in
philanthropic funding, raising ~$2 Million since
inception.
The City of Richmond has supported R3F from its inception by providing access to federal emergency aid and relief
allocations
ARPA
$600k allocated
by the City of
Richmond
$70,000 allocated to administration
$230,000 as cash for disbursements
$300,000 rent and mortgage relief
$100,000 GI Program Development
RENT RELIEF
Through partnerships with RNHS, CDHC, Sparkpoint CC, RCF CONNECTS, and Rentboard, R3F was able to backbone the development of the first rent assistance program dedicated solely to Richmond landlords and tenants.
Renters received financial counseling and information about their rights Renters who complete additional financial literacy classes were eligible for additional supports
Assisted landlords and
tenants facing financial
hardship due to the
COVID-19 Pandemic
Spearheaded the development
of the first rent assistance
program dedicated solely to
Richmond landlords and
tenants
March 2020
R3F was established to
support Richmond
residents experiencing
financial hardship due to
the COVID-19 pandemic
2021
R3F received $150,000 in CARES Act funds from
the City of Richmond and were successful in
quickly disbursing funds to support 74 residents
with direct disbursements and 18 households via
rental assistance
June 2021
Richmond City Council unanimously approved
Councilmember Demnlus Johnson III’s
recommendation to look for GI models for the
City of Richmond as a part of Councilman's
Race, Equity and Inclusion packet.
R3F has evaluated the creation
of a pilot guaranteed income
(GI) program. R3F’s desire to
implement a GI program was
informed by a community
assessment process focused
on economic recovery and
security.
R3F /City of
Richmond
History
Former Councilmember Demnlus Johnson III
The recommendation to look for GI
models is an extension of the City of
Richmond’s Government Alliance on
Race and Equity GARE work dating back
to 2016. Former Council Member
Johnson, sought to adopt action items
and develop policies that will eliminate
disproportionalities for Richmond's
Black, Indigenous, People of Color.
Lina Velasco
LaShonda White
R3F has been in close partnership with Lina Velasco and LaShonda White as they prospect funders. Many funders
vision a model that centers efforts on narrative change and community governance to inform policy shifts and
sustainability levers forged in a joint effort between the City and R3F.
Director of Community
Development
Deputy City Manager of
Community Services
Mayor Eduardo Martinez
Shasa Curl
City Manager
Mountain View, CA
$1,000,000 ARPA Funds
Cities that directly
invested in GI funding
South San Francisco, CA
$800,000 ARPA Funds
St. Paul, MN
$120,000 CARES ACT
Richmond, VA
$120,000 CARES ACT
Yolo County, CA
$75,000 State's Office ofChild
Abuse Prevention
$100,000 Cannabis Tax
Los Angeles, CA
$6,000,000 General Fund
Chicago, IL
$30,000,000 ARPA Funds
Richmond, CA
$300,000 ARPA ACT
All individuals are
eligible
Raise economic floor
Unconditional
Cash payment
Reoccurring/Periodic
Basic Income Targeted/Guaranteed Interactive
Targeted on
geography and
demography
Raise economic floor
All individuals are
eligible
Unconditional
Cash payment
Reoccurring/Periodic
Set an economic floor
Meet floor through
combination of wages, tax
credits, employer
compensation
Remodel to changing
individual situation
Unconditional
Cash Payment
Periodically evaluated