Number
251925
Version
SUBSTITUTE 1
Reference
220276
Sponsor
THE COMMON COUNCIL
Title
Substitute resolution relating to the allocation of funds from the Large Impact Development Fund.
Analysis
This resolution transfers funding from the Large Impact Development (LID) Fund to the Department of City Development’s Commercial Revitalization Grants Program for a pilot grocery and pharmacy access program.
Body
Whereas, The pace of grocery store closures in Milwaukee has accelerated in recent months; and
Whereas, Grocery store closures restrict access to fresh food options for many residents; and
Whereas, Grocers have described the cost of replacing aging equipment and repairing outdated infrastructure as detrimental to store operations; and
Whereas, Milwaukee is committed to expanding fresh food and pharmacy options for its residents; and
Whereas, The pilot grocery and pharmacy access program is intended to support healthy food and pharmaceutical initiatives in underserved communities and to help prevent grocery store and pharmacy closures through targeted investments in equipment, services, inventory, and other eligible expenses; and
Whereas, The pilot grocery and pharmacy access program is structured as a reimbursable matching grant program to support eligible grocery and pharmacy projects in areas of the City with limited grocery and pharmacy access; and
Whereas, Common Council File Number 220276, adopted July 28, 2022, established the Large Impact Development Fund; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that an amount not to exceed $1,005,000 shall be transferred from the Large Impact Development Fund to the Department of City Development’s Commercial Revitalization Grants Program for the purpose of a pilot grocery and pharmacy access program; and, be it
Further Resolved, That the Community Development Grants Administration, under the Department of City Development, shall b...
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