City of Albuquerque
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File #: R-20-52   
Type: Resolution Status: In Council - Consent Agenda
File created: 5/18/2020 In control: City Council
Final action:
Enactment date: Enactment #:
Title: Approving And Authorizing A Grant Application For, And Acceptance Of, Grant Funds From The Cities For Financial Empowerment Fund, Inc. And Providing An Appropriation To The City Of Albuquerque Legal Department For A COVID Financial Navigators Program For Fiscal Years 2020 And 2021 (Benton, by request)
Attachments: 1. R-52
CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL


COUNCIL BILL NO. R-20-52 ENACTMENT NO. ________________________

SPONSORED BY: Isaac Benton, by request


RESOLUTION
title
Approving And Authorizing A Grant Application For, And Acceptance Of, Grant Funds From The Cities For Financial Empowerment Fund, Inc. And Providing An Appropriation To The City Of Albuquerque Legal Department For A COVID Financial Navigators Program For Fiscal Years 2020 And 2021 (Benton, by request)
body
WHEREAS, on March 11, 2020, Governor Michelle Lujan Grisham issued Executive Order 2020-004, declaring a State of Public Health Emergency to slow the spread of COVID-19; and
WHEREAS, the Albuquerque City Council previously approved the engagement of the City of Albuquerque Legal Department's ("Legal Department") Office of Equity and Inclusion with the Cities for Financial Empowerment Fund, Inc. ("CFE Fund") under the CityStart Initiative via R-18-114; and
WHEREAS, the Albuquerque City Council previously approved the creation of the City's Consumer Financial Protection Initiative in the Legal Department with additional grant funds provided by the CFE Fund via R-19-170; and
WHEREAS, in response to the national financial crisis brought on by COVID-19, the CFE Fund created the COVID Financial Navigators grant program to help cities assist their residents through this financially trying time; and
WHEREAS, the CFE Fund invited the Legal Department to apply for a COVID Financial Navigators grant because of the its demonstrated ability to assist City residents; and
WHEREAS, the Legal Department applied to the CFE Fund COVID Financial Navigators grant program with a proposal to partner with two experienced, Albuquerque based nonprofits, Prosperity Works and Encuentro; and
WHEREAS, the CFE Fund has selected the Legal Department as a recipient of $80,000.00 in grant funding, the largest grant amount available, to partner with Prosperity Works and Encuentro to ...

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