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Amending the financing and spending plans in the Department of Emergency Management in the amount of $150,000 to accept the Cities for Financial Empowerment Grant to support municipalities in building and expanding emergency preparedness and recovery infrastructure with a focus on financial empowerment.
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WHEREAS, the City of Saint Paul recognizes the importance of integrating financial empowerment strategies into local government infrastructure to enhance residents' financial stability and resilience during emergencies and disasters; and
WHEREAS, the Cities for Financial Empowerment (CFE) Fund has made available a grant opportunity to support municipalities in building and expanding emergency preparedness and recovery infrastructure with a focus on financial empowerment; and
WHEREAS, the City of Saint Paul, through its Office of Financial Empowerment and the Department of Emergency Management, has received this grant to further its mission of economic justice and to strengthen the financial preparedness and recovery capabilities of its residents; and
WHEREAS, the proposed project will involve collaboration between local government emergency management offices and local networks of financial empowerment agencies, community-based organizations, and other partners to support residents in prioritizing financial concerns and mitigating financial disruptions during local, regional, or national disasters; and
WHEREAS, this initiative will build upon the successful Bridge Fund program and other financial empowerment efforts previously implemented in response to the COVID-19 pandemic, leveraging existing expertise, tools, and strategies; and
WHEREAS, the City of Saint Paul will receive $75,000 in funding for the planning phase and, upon successful completion, up to an additional $75,000 for the implementation phase to support the roll-out of financial empowerment resources as part of the local government emergency response procedures; and
WHER...
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