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Title:
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Subject: Working Solutions CDFI Small Business Lending And Technical Assistance Contract
From: Economic And Workforce Development Department
Recommendation: Adopt A Resolution Awarding A Contract To Working Solutions CDFI To Provide Small Business Loans And Technical Assistance To Oakland Small Businesses And Administer The City’s Existing Revolving Loan Fund For An Initial One-Year Term For FY 2026-2027 In An Amount Not To Exceed Three Hundred Thousand Dollars ($300,000), With Two One-Year Options To Extend In An Amount Not To Exceed Three Hundred Thousand Dollars ($300,000) Per Year, For A Total Contract Amount Not To Exceed Nine Hundred Thousand Dollars ($900,000) Over Three Years, Contingent On Available Funding; On The December 8, 2026 Community And Economic Development Committee Agenda
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