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American Rescue Plan

MBEP’s board of directors has created an ad hoc committee to explore ways to encourage county and city leaders who are receiving an unprecedented amount of capital from federal stimulus funds to make the most impactful investments in the economic recovery of the region. Our goal is to ensure maximum impact and an inclusive recovery for our region from the $280M in American Rescue Plan (ARP) funds coming to our region. This is an incredible opportunity to line up regional, state, and federal resources that if organized properly, could leverage this $280M into $1B. Working together now also lays the groundwork for potential future funding allotments for infrastructure expansion, climate change adaptation, and economic growth.

American Rescue Plan Fund Distribution by Jurisdiction for Monterey Bay Region:

Monterey County: $84.18M

Santa Cruz County: $52.99M

San Benito County: $12.18M

For an allocation list by city click here.

MBEP’s Recommended Investment Criteria

  • Prioritize opportunities for at least 2:1 matching opportunity, but preferably higher leverage
  • Prioritize high impact projects where a small amount of money provides a large impact (“but for” projects)
  • Prioritize opportunities to address the ballooning wealth gap and inequities exacerbated by the pandemic
  • Prioritize “big ideas” that would in normal circumstances not receive seed/pilot funding to get off the ground

The Farmworker Housing Study Action Plan

The Farmworker Housing Study Action Plan for the Salinas and Pajaro Valleys set a goal of 5,300 permanent affordable homes for farmworkers over the next 10 years. We have begun to see project approvals but many more need local investment in order to secure state and private financing. Providing more planning staff dedicated to shepherding projects through entitlements and building permits is another high impact opportunity.

The Alisal Vibrancy Plan

The Alisal Vibrancy Plan outlines specific housing, community development, and small business improvements that can uplift the most impacted zip code in terms of Covid infections and historic economic disinvestment. Additionally, the Salinas Chinatown Revitalization Plan and Downtown Revitalization Plan offer mixed use redevelopment and government center upgrade opportunitiesInvesting in the areas called out in this plan will have a multiplier effect for the City of Salinas.

West Broadway Urban Village Specific Plan

The Seaside West Broadway Urban Village Specific Plan is the result of an exciting planning process to revitalize and enhance the economic, social, cultural and recreational fabric of the City of Seaside’s West Broadway Avenue. The area received an Active Transportation Planning Grant and is primed for more mixed use residential development, especially more affordable housing serving the Peninsula’s essential workforce in hospitality. This Plan is the backbone of the City’s downtown area.

Equal Access Monterey Bay

We are working on providing broadband to communities that need it the most in the Monterey Bay region through our Equal Access Monterey Bay program. This program is designed to give high speed, quality, reliable internet access to all residents regardless of their income or demographic status. We are currently working on lighting up the San Jerardo Cooperative in Salinas as well as parts of North Monterey County and Castroville. Investing ARP funds in shrinking the digital divide also can open up additional matching funding opportunities.

Resources

Organizing Locally to Make Best Use of Relief Funds

OpEd by MBEP President & CEO, Kate Roberts

Federal Guidelines

State and Local Fiscal Recovery Funds Will Deliver $350 Billion for State, Local, Territorial, and Tribal Governments to Respond to the COVID-19 Emergency and Bring Back Jobs.

How Cities Should Get Ready for the Biden Stimulus

18-month economic recovery centers recommended to plan for and coordinate federal relief and recovery investments.

MBEP Regional Economic Summit Highlights: Embracing the Opportunities Ahead

Read the special edition of our bi-monthly regional report recapping our spring event.

Hear Watsonville City Manager, Matt Huffaker, talk about his plans for the city using recovery funds.

MBEP President & CEO, Kate Roberts interviewed Watsonville City Manager, Matt Huffaker at our 7th Annual Regional Economic Summit.