On Thursday, RCRC hosted an informational webinar on the Community Economic Resilience Fund featuring Labor and Workforce Development Agency Undersecretary, Stewart Knox, and Mary Collins, from the Governor’s Office of Planning and Research. The Community Economic Resilience Fund (CERF) was a late addition to the most recent state budget cycle (SB 162).
The program is funded with $600 million that will be used to plan and implement projects that promote a sustainable and equitable recovery from the economic distress of COVID-19,support communities and regional groups in producing regional roadmaps for economic recovery; and,
align and leverage state, federal, philanthropic, and private investments that maximize recovery efforts.
The dollars will be distribute in two phases:
Regional Planning Grants – ($5 million each to 13 regional collaboratives)
Regional Implementation Grants – ($500+ million to fund project implementation)