| Project Name and Expenditure Category | Project Overview | Funding Amount | Important/Effective Dates | Performance Measures |
|---|---|---|---|---|
| Downtown Activation Events 2.35 Aid to Tourism, Travel, or Hospitality | Funding to Raleigh-based organizations to put on special events and activations that enhance the overall cultural environment and support the City's economy. The project is managed by Special Events in conjunction with Downtown Raleigh Alliance (DRA). | $124,192 | July 6, 2021 | 1. Economic Impact Index (EII): - Increase in Foot Traffic 2. Cultural Engagement Rate (CER): - Number of Attendees |
| Downtown Economic Development Study 2.35 Aid to Tourism, Travel, or Hospitality | The study focuses on key areas of Fayetteville Street to determine optimal retail strategy, office market positioning, and catalytic opportunities to support diversity and equity initiatives. | $250,000 | July 6, 2021 | 1. Economic development strategy |
| Small Business Support 2.33 Enhanced Support to Micro Businesses | The City partnered with Carolina Small Business Development Fund to establish Oak City Biz Labs, which provides technical and financial assistance to small businesses that have been adversely impacted by the COVID- 19 pandemic. | $2,771,225 | September 21, 2021 | 1. Small Business Recovery Rate: - The percentage of small businesses assisted by Oak City Biz Labs. 2. Job Retention/Creation: - The number of jobs retained or created within the City of Raleigh as a direct result of the assistance provided by Oak City Biz Labs. |
| Hotel Industry Workforce 2.35 Aid to Tourism, Travel, or Hospitality | Program is administered by Capital Area Workforce Development to assist hospitality industry with recruiting staff, training, and preparing current workers for new roles. The City is providing 50% funding in partnership with Wake County. | $437,500 | May 17, 2022 | 1. Cost savings on hiring and training by local hotel participants |
| Outdoor Seating Initiative 2.35 Aid to Tourism, Travel, or Hospitality | Funding provided to local businesses to construct “streeteries” in City rights-of-way, where patrons can enjoy meals outdoors as a precaution against COVID-19. | $476,853 | Sept. 21, 2021 | 1. Number of streeteries installed 2. Public satisfaction rating |
| DRA Social Services Ambassador 2.19 Social Determinants of Health: Community Health Workers or Benefits Navigators | The ambassador is responsible for circulating through the downtown district and identifying people in need of services. Referrals are made to the appropriate resources and outcomes are tracked. | $168,406 | Phase I Aug. 17, 2021 Phase II July 1, 2023 | 1. Referral success rate 2. Client satisfaction |
| Business Alliance Funding 2.30 Technical Assistance, Counseling, or Business Planning | The City will fund ideas submitted by business alliances to help with the creation of new resources and tools for the businesses and communities they serve. | $20,000 | Oct. 4, 2022 | 1. Number of business alliances created 2. Number of expanded services by existing alliances |
RCCC Improvements 6.1 Provision of Government Services | Funding will be used for new digital signage at the Raleigh Convention Center. | $250,000 | July 6, 2021 | N/A - Revenue Replacement |
| City Plaza Improvements 6.1 Provision of Government Services | Funding will support sound system upgrades and shade structures at the City Plaza. Remaining funds will be used for Fayetteville Street streetscape study. | $323,554 | July 6, 2021 | N/A - Revenue Replacement |