BAKERSFIELD, Calif. — The City Council has approved a plan to spend $33.5 million in federal CARES Act funding that has been designated to the city by the state.
The breakdown of funds is as follows:
- $10 million for a Small Business Grant program of forgivable loans to small businesses to support payroll and operating costs.
- $5 million for a Rental Assistance program in partnership with the Kern Housing Authority. This would be a temporary rent subsidy that would be a preventative investment to help individuals or families maintain stable housing and help property owners pay their obligations as well.
- $2 million for updates at the Brundage Lane Navigation Center