City of SLO approves $3.4 mil for economic development, homeless services
and last updated 2020-12-09 19:24:38-05
The San Luis Obispo City Council approved $3.4 million to support economic development and homeless services.
Officials say this money will help with the immediate and long-term impacts of the covid-19 pandemic.
âOur top priority is the cityâs economic stability, recovery and resiliency,â said City Manager Derek Johnson. âThere is a pressing and immediate need to invest in additional economic development efforts to support businesses and for homeless services to support those unsheltered in our community.â
Most of the money will be invested in grant funding opportunities for small businesses.