Title
Action Approving Goal #9 Create Low/Mod Income Jobs: ARC Recommendation
Staff Summary
· Since the target funding amount for Goal #9: Create Low/Mod Income Jobs is not large, the Public Improvements Advisory & Recommendation Committee (ARC) recommends investing $118,209 in CDBG 2015 funds in an existing Job Creation program managed by the Lake County Workforce Development Department. This existing program is scheduled to run out of funding in a few months, and addition of CDBG funding under Goal #9 would build on a pattern of success.
· CDBG funds would be granted through Lake County Workforce Development to local manufacturing companies as an incentive to hire local low-income workers with classroom training but no previous manufacturing work experience. Manufacturing jobs typically require skilled labor.
· CDBG funds would pay for 50% of the workers' wages (at minimum wage) for six months at a cost ranging from $7,800 to $13,000 per job for a total of 10 to 14 low-income jobs created.
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