American Rescue Plan
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
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
Organizing Locally to Make Best Use of Relief Funds
OpEd by MBEP President & CEO, Kate Roberts
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.
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.