We are asking for compliance. This is not a race to see how many we can cite. We are trying to get compliance. When the businesses close we take an incident report. Those can lead to criminal or civil action. The people that review those cases make that determination. If we have to come back, we are citing, particularly with businesses. With the individuals there has been one individual cited. As i said we put out the enforcement protocol a week ago we vetted through the city attorneys. Again we look for compliance. By and large most people when approached by a Police Officer will comply. That is what we have seen. That is the trend. There are areas that are sub born. Stubborn. If we have to use citations and enforcement that is what we will do. I want to emphasize the positive. Most people in the city have been compliant. Thank you. That concludes our press conference. Thank you. Costs as a result of the economic downturn. 600,000 of the tax collectors to administer individual loans for Small Businesses impactedded by sarscov2. Members of the public who wish to speak should be dialing to be added to the speakers list. You might recall we continued this item from last weeks meeting. Today we have with us supervisor ronen. Would you like to make some comments . We also heard the report last week, too. Supervisor ronen . I want to thank you for the question you posed last week. My intention with this ordinance is to get assistance to Small Businesses who are suffering enormous losses at this moment and do it quickly. Sorry. Let me shut the window. Sorry. Hard to work from home. Basically, what has happened between then and now is i have been working with the Mayors Office and with the director of the office of economic and Work Force Development, and with the enormous leadership of my chief of staff, and we have reached an agreement that will make this legislation not necessary. My main goal has to get assistance to businesses if they dont get financial help will close forever in the city. We are a city of Small Businesses. It is what makes San FranciscoSan Francisco. We are not a city of chain stores that sell the exact same thing that look exactly alike. We have a special neighborhood that specialize in certain ethnic foods and art. My worry this time is that these businesses just like so many of our residents operate monthtomonth, that if we dont provide help at a time where they are not bringing in any revenue that we will lose them forever. Therefore, we will lose the character that makes San Francisco so special. Rather than having a protracted political fight about this that would take at least a month to get money available on the street to the businesses, we have reached an agreement with the mayor and director torres to do the following. We have a plan to release this week to the public 10 million that will help Small Businesses. Up to 1 million of philanthropic money will replenish the grants up to 10,000 to Small Businesses. If you will recall, this fund has already had 1 million into it and the up take and the applications for the fund were enormous and way more than the fund can handle. This doubles the amount of the fund, making this available to businesses all throughout San Francisco. Then an additional 9 million from the general fund reserve to launch a Small Business survival loan program. The beginning details of the program to be worked out in the remainder of the week and launched within the next few days would provide up to 50,000 of no interest loans that can be paid back up to six years, and will be administered by the office of economic and Work Force Development working with Community Development institutions like mainstream launch, working solutions to ensure that there is enough outreach and support to get these funds to the most vulnerable communities and especially those businesses that will not be eligible for the fba federal loans. We are going to target first businesses that for whatever reason they dont have enough capital, dont have access to the type of proof that is needed to make loan repayment, that this is filling the gap for that population of businesses. Finally, we will have the flexibility to offer these loans in differing amounts to businesses that we believe with some assistance could survive this crisis and this pandemic. Oewd and their partners have the ability in a very low barrier way to figure out and prioritize the use of that money. In addition to this program oewd will continue to help businesses apply for the sba loans that are eligible for them, and with that i am happy to take any questions. I want to really thank amy from my office for incredible work to get this done. Now is the time to be unified and get money working for Small Businesses on the streets as soon as possible. With that i will take any questions. Also, director torres is here and available for questions as well. Thank you very much. President yee. I want to thank supervisor ronen for focusing on the Small Businesses and for her ability to work with the mayor and come up with this quicker solution to helping the Small Businesses. I think not only myself, i think all our colleagues on the board of supervisors whose businesses in the district are being hit would appreciate this, too, thank you very much, supervisor ronen. I want to make one correction quickly. This 9 million will not come from the general fund reserve. It will come from the current general fund. I also wanted to ask would you like to continue this item to next week or would you like to file this item . As we are working the final details out, which i am very certain we will, i want to continue this item for one week before filing it just to have it going as an insurance policy that we will get this money out to the Small Businesses on the street this week. If i could ask to continue this. I make the motion to continue this item. I think i can make that motion because i am on the budget and finance committee. You would like to continue items one and two to next week. Thats correct. Supervisor walton. I want to say thank you to my colleagues on budget and finance for thoughtful questions and making sure we did everything we can to find a viable solution to provide opportunity for Small Businesses and i want to thank supervisor ronen for being willing to work closely with mayor and coming back with a solution to get us the results you want and as president yee said this will make it happen faster. Thank you all for your Due Diligence on this. Mr. Torres. Yes, i want to thank you, madam chair, and supervisors for all of the work in getting this done together with the Mayors Office and ms. Kittler to help us get here. This fund of 10 million is supported with a combination of funds general fund and philanthropic dollars to get us to the 10 million mark. Confirming what supervisor ronen said thank you so much in terms of us being able to double the resilient see grant and moving forward with zero interest loans for the folks in the Small Business community. We are excited to get this moving. Would you tell people how they can donate to the fund . Certainly. People can go to the sfgov and search forgive. There will be directions to make contributions to help us in these efforts to support our Small Business community, workers, those with housing, Food Security issues. We are happy that Small Businesses and workers are part of the pillars of giving that we are pursuing. The individuals may do note as well as corporations . Yes, individuals may donate as well. We have seen a large up take in individual donations on the site. A huge thank you to those in San Francisco who are reaching out directly. Thank you. That is part of the San Francisco spirit. I see on the roster is supervisor mar. Thank you, chair fewer. I want to thank supervisor ronen and director torres for working on this really important Additional Support for Small Businesses who are suffering in the city. I had a question around the allocation of the 10 million, 1 million of it would go to Small BusinessResiliency Fund which is more direct grant to Small Businesses and 9 million would be more loans to be paid back by the Small Businesses. To my question, what was the thinking about having only 10 of the 10 million im sorry. 10 of the 10 million going as direct Economic Relief versus loans. Again, i have heard loud and clear from Small Businesses in the sunset district suffering and struggling right now that there is plenty of lopes available to them, particularly from the sba and now through the federal government through the relief package. That is the direct grant that is needed right now. That is what is the gap that we could fill on a local level. That doesnt really exist at the federal level in terms of Small Business support. Certainly. Thank you, supervisor. It is my understanding and my staff and i are reviewing the details related to the federal programs provided in terms of a 10,000 grant available through the federal program. In addition to low interest loans. We also have triggers for forgiveness within those programs. We focused here on trying to provide a middle ground up to 50,000 that would be beneficial to the Small Business community. As another line of credit they would be able to take advantage of with the favorable term every payment over six years. Again, through a zero Interest Program to be administered. We saw there was great value there, in addition to doubling the resilient see fund process. We want to move forward with those small 10,000 grants to comment what the federal government was doing for larger businesses and businesses that wouldnt have the capacity to access that fund and support the folks in the midrange who expressed that is a product that would be worthwhile and beneficial to them. Thank you. A followup question. Can you share an update on the Small BusinessResiliency Fund. It is great we are able to double the amount of resources allocated to that through the plan you worked out with supervisor ronen, but it is my understanding there are still many times more Small Businesses that applied to get that support that that we are not going to be able to support. That is the reality right now that not all of those who are applying for the funding are going to receive it. There are over 2000 folks that have reached out to us citywide looking for relief of this kind. Just a note on that that not all of them are going to be compliant with the criteria necessary to gain those funds. Some of the businesses are larger in nature and are more suited for the loan products and potentially the grant and loan products out of the sba. That is one of the reasons we are working with the Neighborhood Economic Development organizations to provide technical oneonone assistance to connect them to the sba loan and grant applications. That is the work we will do right away and have begun in conversation with them. There are 24 checks that have gone out for those who have been approved. There are more happening right now, and that distribution will continue. As part of this next round of funding, what was important for us and for supervisor fewer and you and supervisor ronen, including supervisor walton was making sure there was a geographic equity in terms of distribution of the grants. One of the next steps will be working with you, madam chair and supervisor ronen to make sure the process for the next allocation can move forward in that geographically equitable way. Could i add in a few comments to that, chair fewer . Yes, please. The truth is we need a lot more of everything for everyone right now, whether it is pp for our caregivers, direct assistance to families, programs for Small Businesses, and the 2 million which is fully funded by philanthropic dollars is not enough. We need more. This is the appeal that i want to make, especially to larger businesses that are going to survive and be just fine during this crisis that we need you to support our Small Businesses to keep the economy thriving in the city. We have been able to put 2 million into that fund. We need a lot more money, and the more big businesses can contribute t to the fund, the better. We felt it was necessary to provide assistance to those medium sized businesses that might not be eligible for sba funding and dont want to take on debt, that includes not anin significant amount of interest we wanted help they had a long time to pay back without interest so they would return when they reach help over a six year period the money given to them during this time but nothing more. It fills that gap. Quite frankly, 9 million is not enough for that pot. That will be taken in two seconds. While we look at the overall budget, we can increase that amount of money. I have absolutely no doubt we will have more applications than we can fund be. That is something that we can continue to look at as a board, but getting this money out the door and working for the Small Businesses now is the main objective. I just want to say i also agree. I think this fund, this relief fund is not only about Small Business, it is about people getting housing and feeding people, also, for the most vulnerable. This is Small Business is one part of the relief. Food and also housing is another issue. Definitely not enough money, but as supervisors we should work to fill that potted of money through our connections reaching out to people and our own communities that people want to do something during the crisis to help Small Businesses. This is something they can do. They can donate to the fund and this is where the resources will go to. I want to ensure, also, that supervisor ronen there is in your legislation a sentence or so about geographic balance. I think that it is or in your agreement that it is really, i think, important as Small Businesses actually are all of our city and every neighborhood are the backbone of every neighborhood. Absolutely. To that point i have heard a lot from the latino community, which i represent in the mission, that they feel completely left alone, the businesses during this crisis and have not been able to access help through micro loan fund. We need to help every community and their Small Business hub that keeps us together as a Community Healthy as much as we can. Just remember that the Chinese Community in chinatown has taken a hit a month or two before the Small Businesses, as this is going on very, very early. Thank you so of an again. Any more comments, director torres, would you like to say any closing words . Yes, we know that in addition to all of the value these grants and loans can provide there are workers wanting to know what resources are available to them. I will ask people to visit our website oewd. Org and click on covid19. We have people standing by on the hot lines to call. If there are issues please do share those with us. Our teams are working hard to respond to individuals as quickly as they can. Thank you very much. Can i Say Something real quick . This is osha. Can you please introduce yourself . Thank you, chair. This is supervisor safai. I hope director torres is available and listening. I want to overemphasize and i appreciate the comment about geographic balance. That is really important. Thank you supervisor ronen for leading on this. I might have missed this. I wanted to just quickly say one of the things that has caused us to be a little bit cumbersome is the process people have to go through to get the money. I want to ensure that once this fund is available and it is available that we are ensuring we are getting the money to the business hands as quickly as possible that there is not a tremendous amount of paperwork or delays. The quicker the money is in the business hands the quicker they can pay workers and survive and pay rent. I wanted you to spend a little moment about that today how quickly the money will get to the businesses hands. It will usually take, once the application is complete, for that to take place is what our providers told us as it relates to the loan program. As it relates to the grant program, i am hopeful that can happen around the same timeframe as we built up the partnership with the northeast federal credit union. We will get more realtime information to you, supervisors, i will ask staff and providers and come back with the information. The intent is the reason we are working with partners. How quickly can this happen . How easy can the process be to be sure people have a relatable process of getting paperwork done and making sure those cash opportunities, that capital can be made available as quickly as possible.