Federal grant · project grant (b)
This Project Will Expand CRCD Enterprises' Lead Abatement Program to Pursue Additional Public and Private Contracts by Creating Job Positions for Low-income Individuals. - Coalition for Responsible Community Development (CRCD) Will Use $800,000 in Ced Funds to Expand Its Social Enterprise/subsidiary, CRCD Enterprises, to Create Full-time Jobs in the Lead Abatement and Construction Industries in South Los Angeles, California. the Four Zip Codes the Project Will Serve in South Los Angeles Have Poverty Rates Ranging From 26.3%-38.7%. the Proposed Project Will Address the Region’s Limited Access to High-quality Jobs Geared Toward Residents With Low Incomes and Insufficient Resources for Overcoming Personal and Community Barriers to Self-sufficiency. It Will Also Provide Services That Will Improve the Health of Hundreds of Area Residents, Contributing to Community Revitalization. the Loan to CRCD Enterprise Will Be Used to Purchase Equipment Needed to Execute Lead Abatement Projects and Support a Hiring Program for Participants. Individuals Hired Through This Project Will Receive Livable Wages; Fringe Benefits Such as Health and Dental Insurance and Flexible Schedules; Opportunities for Career Advancement Through Training Services; and Barrier Reduction Services That Will Promote Financial Literacy, Housing and Educational Supports, and Treatment for Psychological and Substance Abuse Challenges. This Project Will Create 29 Total Jobs, 22 of Which Will Be Filled by Residents With Low Incomes.
Committed
$800,000
Paid out
$780.0K
98%
Committed, not yet paid
$20.0K
3%
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Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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