Staff's recommendation is for the Go-Biz funds to be used on no-interest loans and grants for all eligible expenses, no-interest loans to assist with the purchasing of properties that serve multiple equity operators, workforce development programs, ongoing technical and legal assistance, and extending equity applicants' eligibility to equity assistance program services like technical and legal assistance, loans and grants for two years since the last date they were verified as an equity applicant.
The Go-Biz staff report and legislation is available here.
The full January 16th City Council agenda is attached.