Subject: Communication sponsored by Mayor Mason requesting an updated allocation of $195,945 for Community Development Block Grant (CDBG) funded economic development activities. Recommendation of the CDBG Advisory Board on 12-08-2025: That the updated allocation of $195,945 in FY2025 CDBG Micro-Enterprise funds for WWBIC to support small business lending and technical assistance activities, be approved. Fiscal Note: There are sufficient CDBG funds in the FY2025 Micro-Enterprise category to support this adjustment. The allocation to WWBIC will increase from $195,000 to $195,945.

Committee

Community Development Block Grant Advisory Board

Introduced

November 10, 2025

Passed

December 8, 2025