Economic Development Recovery and Resiliency Playbook - Flipbook - Page 106
CDFA anticipates that up to $22 million will be awarded to projects enhancing the competitiveness of California specialty crops.
Grant amounts range from $100,000 to $500,000. The maximum grant duration is 2 years, 6 months, and grant funds cannot
be expended before November 1, 2022, or afer April 30, 2025. Projects submitted to the Additional Assistance for Historically
Underrepresented Organizations Program will range from $50,000 to $100,000 and may last up to two years. CDFA reserves the
right to ofer an award amount less than the amount requested. Separate from the competitive process, CDFA may award up to
$3 million for proposals that address urgent or critical issues afecting California specialty crop agriculture. Nonprofit and forprofit organizations; local, state, and federal government entities, including tribal governments; and public or private colleges
and universities are eligible to apply. Individuals are not eligible to apply. There is no limit on the number of concept proposals
that applicants may submit; however, each concept proposal must be for a wholly unique project.
State Historic Rehabilitation Tax Credit (SHRTC). The $50 million program will be administered by the Ofice of Historic
Preservation (OHP) and the California Tax Credit Allocation Committee (CTCAC). SHRTC has been fully funded for 2022.
Governor Gavin Newsom signed SB 451, the state historic tax credit bill, into law on October 9, 2019. California joins more than 35
states that have passed historic tax credit bills, providing incentives for investment in local economies and the rehabilitation of
historic buildings that reflect the character of communities. In early to mid-2022, OHP and CTCAC were developing regulations,
implementation guidelines, and application forms. OHP and CTCAC will each be promulgating regulations for their sections
of the process. OHP anticipates that its formal rulemaking process, including public input opportunities and a public hearing,
will commence in mid-2022. This process has a targeted completion by the third quarter of 2022. Following completion of both
regulatory processes, applications are expected to be accepted in late 2022/early 2023.
Work Sharing Program. Administered by the Employment Development Department (EDD), employers can apply for the
Unemployment Insurance (UI) Work Sharing program as a temporary alternative to layofs if the business’s production or
services have been reduced. The Work Sharing program helps employers:
• Minimize or eliminate the need for layofs in nearly all types of businesses or industries;
• Keep trained employees and quickly recover when business conditions improve; and
• Bring back furloughed or laid-of employees at reduced hours as business conditions improve (a new program feature).
During the COVID-19 pandemic, previously furloughed and laid-of employees do not have to work a normal schedule for
one week without a reduction in hours before they can participate in Work Sharing.
With Work Sharing, employees whose hours and wages have been reduced can receive UI benefits, keep their current job, and
avoid financial hardships.
All approved Work Sharing plans are active for 1 year. Work Sharing plans always begin on a Sunday. The earliest date to start
a new Work Sharing plan is the Sunday before the first day you contact the EDD. To renew your plan without a gap in coverage,
you must submit an application no more than 10 days afer your previous plan ends. Otherwise, your plan will start the Sunday
before the day your application is received.
To participate, an employer’s business must meet all of the following requirements:
• Be a legally registered business in California.
• Have an active California State Employer Account Number.
• Have a minimum of two employees and at least 10 percent of their regular workforce, or a department of the workforce,
afected by a reduction in hours and wages.
• Hours and wages must be reduced by 10 to 60 percent.
• Health and retirement benefits must stay the same as before, or they must meet the same standards as other employees
who are not participating in Work Sharing.
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