Number
231925
Version
SUBSTITUTE 3
Reference
210894, 240360
Sponsor
ALD. DIMITRIJEVIC, BROSTOFF, MOORE, JACKSON, PEREZ, AND BAUMAN
Title
Substitute resolution relating to participation in the Zilber Family Foundation’s The Bridge Project and appropriating funds for that purpose.
Analysis
This resolution:
1. Rescinds $904,635 of American Rescue Plan Act funding identified by the City’s ARPA Director as being available for reprogramming before the end of 2024.
3. Authorizes City participation in the Zilber Family Foundation’s The Bridge Project which assists pregnant women.
4. Provides $350,000 of ARPA funding for the Bridge Project.
Body
Whereas, Milwaukee has the second-highest child poverty rate among the top 50 most populated cities in the United States, with approximately 14% of children living below the poverty line; and
Whereas, Leading economists agree that early interventions in children’s well-being have the highest rate of return on investment; and
Whereas, Providing support during the first 1,000 days of a child’s life can break intergenerational cycles of toxic stress and poverty; and
Whereas, The Zilber Family Foundation, a private grant-making institution based in Milwaukee, is launching a program for low-income pregnant individuals, which will provide support for 100 eligible individuals for 3 years; and
Whereas, The Zilber Family Foundation began accepting applications for the program on April 10, 2024 and began making payments on June 1, 2024; and
Whereas, The Zilber Family Foundation has committed $1,575,000 to the program, while the Monarch Foundation, a private, grant-making foundation based in New York, has committed $250,000 per year over 3 years for all administrative expenses associated with program implementation; and
Whereas, The Zilber Family Foundation is seeking public and private partners to provide an additional $450,000, which is required to fully fund 100 participants for 3 years; and
Whereas, In a memo to...
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