CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL
COUNCIL BILL NO. R-20-52 ENACTMENT NO. ________________________
SPONSORED BY: Isaac Benton, by request
RESOLUTION
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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)
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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.
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 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 w...
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