CORE Grant Program
CORE GRANT 2022 FUNDING CYCLE
The City of Sacramento has been awarded $4.35 million in grant funds by the Governor's Office of Economic and Business Development (Go-Biz) for the 2022 funding cycle. Of this amount, $3.35 million will be allocated towards a Tiered Grant Program and the remaining $1 million will be disbursed through a competitive grant application intended for larger projects.
I. TIERED GRANTS
The CORE Tiered Grant Program closed on Sept 2, 2022. At least 40 participants were deemed eligible and will be receiving grant funds ranging from $58,000 to $90,000 for a total of $3,046,000. The awards are based on their current status as a future cannabis business or a permit holder.
The breakdown of the grant awards are as follows:
|
Tier
|
Grant Award
|
Number of Awardees
|
Total
|
|
1 – No BOP/CUP Applied
|
$58,000
|
3
|
$174,000
|
|
2 – Approved CUP
|
$68,000
|
17
|
$1,156,000
|
|
3- Building Permit Issued
|
$78,000
|
7
|
$546,000
|
|
4 - Has Certificate of Occupancy
|
$90,000
|
3
|
$270,000
|
|
5 - Has a Business Operating Permit (BOP)
|
$90,000
|
10
|
$900,000
|
|
|
$3,046,000
|
The tiered grant is one of two grant opportunities that will be funded by the $4.3 million received by the City from the Governor’s Office of Business and Economic Development (GO-Biz) for local jurisdiction social equity programs. The remaining $1.3 million will be available for a Competitive Grant Program, which will open later this year.
II. Competitive Grants
A total of $1 million will be disbursed through a competitive grant application intended for larger projects. Information will be shared with stakeholders via email and will be posted here when it becomes available.
For information on the large and small grants made available from the 2021 funding cycle, please refer to the Completed Projects page.