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File #: RES 24-316    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 3/6/2024
Title: Authorizing the Office of Financial Empowerment to apply for $38,250 in grant funding from the Saint Paul & Minnesota Foundation for guaranteed income payments.
Sponsors: Mitra Jalali

Title

Authorizing the Office of Financial Empowerment to apply for $38,250 in grant funding from the Saint Paul & Minnesota Foundation for guaranteed income payments.

Body

WHEREAS, the City transferred $4,000,000 of American Rescue Plan funds to a specific account for the Guaranteed Income Program (RES 22-1023) that provides $500 monthly guaranteed income payments to 333 randomly selected Saint Paul residents for 24 months; and

 

WHEREAS, Mayor Melvin Carter III launched a private donation campaign in partnership with the Saint Paul & Minnesota Foundation to support families in the program, now known as the CollegeBound Boost (“Boost”); and

 

WHEREAS, the Saint Paul & Minnesota Foundation desires to grant the Grant Funds raised through the private donation campaign to the City of Saint Paul for the purposes of supporting Boost; now, therefore, be it

 

RESOLVED, that the City Council of Saint Paul does hereby authorize the appropriate City officials in the Office of Financial Empowerment to apply for a $38,250 grant from the Saint Paul & Minnesota Foundation to support direct guaranteed income payments.

 

 

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