District Of Columbia 2023 2023-2024 Regular Session

District Of Columbia Council Bill B25-0497 Introduced / Bill

Filed 09/28/2023

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 	Councilmember Trayon White Sr.  2 
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A BILL 5 
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IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 9 
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To clarify, on an emergency basis, the Department of Small and Local Business Development’s 13 
authority to issue grants to eligible entrepreneurs and for-profit businesses in Ward 8.  14 
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA , That this 15 
 act may be cited as the “Ward 8 Community Investment Fund Emergency Clarification  16 
Act of 2023”. 17 
Sec. 2. (a) Notwithstanding section 1094 of the Grant Administration Act of 2013, 18 
effective December 24, 2013 (D.C. Law 20-61; D.C. Official Code § 1-328.11 et seq.), in Fiscal 19 
Year 2024 and each subsequent fiscal year, the Department of Small and Local Business 20 
Development shall issue a grant in the amount appropriated for the Ward 8 Community 21 
Investment Fund to the DC Community Development Consortium Institute to provide grants or 22 
microloans, to eligible entrepreneurs and businesses seeking to establish or sustain for-profit 23 
businesses in Ward 8.  24 
 (b) The following persons and entities are eligible to receive grants in the specified 25 
amounts: 26 
 (1) Small grants and microloans of up to $5,000 in total to Ward 8 residents for 27 
costs related to starting a business in Ward 8. Startup costs include business licensing and other 28 
fees required to incorporate a for-profit business in the District, insurance required by District or 29 
federal laws or regulations, and pre-operating costs;   30   	2 
 (2) Grants and microloans not to exceed $10,000 in total to support small 31 
businesses owned by Ward 8 residents operating in Ward 8 for at least 1 year prior to being 32 
awarded the grant or microloan; and 33 
 (3) Grants and microloans not to exceed $20,000 total to support small Ward 8 34 
businesses owned by Ward 8 residents operating in Ward 8 for at least  3 years prior to being 35 
awarded the grant or microloan. 36 
 (c) The DC Community Development Consortium Institute may use up to 20% of the 37 
total annual grant amount to support operating costs and to provide technical assistance to, 38 
eligible applicants and grantees. 39 
 (d)  The DC Community Development Consortium Institute shall submit a quarterly 40 
report to the Department of Small and Local Business Development detailing: 41 
 (1) The number of applications received; 42 
 (2) The number of grants issued; 43 
 (3) The amount of money issued per grant; and 44 
 (4) A list of entrepreneurs and businesses who were awarded grants in the 45 
past quarter, a description of the business or business proposal, and a copy of each grant-winning 46 
application and supporting materials. 47 
 (e) The DC Community Development Consortium Institute shall  48 
give Ward 8 residents control over the deployment of capital received from the grant  49 
through a grant-review committee comprised of seven (7) Ward 8 residents  50 
selected annually through an open application process. The DC Community Development  51 
Consortium Institute shall establish procedures to identify and eliminate conflicts of  52 
interest with potential recipients through the grant-review committee, and provide  53 
 technical and administrative support to the grant-review committee, as necessary. 54   	3 
 Sec. 3. Fiscal impact. 55 
 The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact 56 
statement required by section 4a of the General Legislative Procedures Act of 1975, approved 57 
October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1 301.47a). 58 
 Sec. 3. Fiscal impact. 59 
 The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact 60 
statement required by section 4a of the General Legislative Procedures Act of 1975, approved 61 
October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1 301.47a). 62 
 Sec. 4. Effective date. 63 
 This act shall take effect following approval by the Mayor (or in the event of veto by the 64 
Mayor, action by the Council to override the veto), and shall remain in effect for no longer than 65 
90 days, as provided for emergency acts of the Council of the District of Columbia in section 66 
412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788; 67 
D.C. Official Code § 1-204.12(a)). 68 
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