Written by The Business Journal Staff
The Fresno City Council unanimously approved a grant agreement with the state that will funnel $66.5 million in cap-and-trade funds to the community.
Two dozen projects, based in the downtown, Chinatown and West Fresno communities, were selected for the grant funding through a series of community meetings dating back to 2017.
The projects — ranging from green spaces, alternative energy, electric vehicles, housing and even a new community college campus — are meant to reduce greenhouse gas emissions.
The approval sets off a series of deadlines that must be met within the next few months, including plans that must gauge the workforce development, anti-displacement and community engagement of the projects.
Today’s agreement is with the state’s Strategic Growth Council, which administers the Transformative Climate Communities Collaborative Program.
Next steps include the council approving agreement with individual project developers, which including Self-Help Enterprises, State Center Community College District, the Fresno Equal Opportunities Commission and the Fresno Housing Authority.