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Rep. Napolitano Encourages Cities to Seek Financial Resources

February 19, 2014
Press Release

(Industry, CA) Today, Rep. Grace F. Napolitano (CA-32) participated in the Bi-COG (San Gabriel Valley & Gateway Cities Councils of Government) roundtable discussion at the Pacific Palms Hotel in the City of Industry, focusing on innovative financial approaches to spur economic development in cities, school districts, and private projects.

“The Community Block Grant Program has been cut in half, so it is critical that folks acquaint themselves with other avenues of funding,” Napolitano said. “We are grateful to the City of Industry and the COGs for hosting us today and encourage all of our cities to take full advantage of available financial resources, so that we may continue to grow our local economy and create jobs.”

Over 100 people attended the Bi-COG event, including Reps. Lucille Roybal-Allard (CA-40) and Maxine Waters (CA-43); President/CEO of Clearinghouse CDFI, Doug Bystry; Deputy Executive Director of the California Infrastructure and Economic Development Bank, Ruben Rojas; city managers, school board members, and financial advisors.

 

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