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5A1 Budget Request (Commuters Trust Funding) - Signed
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5A1 Budget Request (Commuters Trust Funding) - Signed
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12/12/2024 1:24:55 PM
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12/12/2024 1:24 PM
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12/12/2024 1:24 PM
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mailto:Driedl@southbendin.gov
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Redevelopment Commission Agenda Item <br />DATE: December 12, 2024 <br />FROM: Denise Linn Riedl, CIO <br />SUBJECT: Commuters Trust Funding <br />Funding Source* (circle one) River West; River East; South Side; Douglas Road; West Washington; RDC General <br /> *Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, <br />then the authorization of the expenditure of such funds shall be void and of no effect. <br />Purpose of Request: <br />Innovation & Technology staff requests the Redevelopment Commission's approval of $200,000 to <br />support the Commuters Trust program that promotes transportation equity in South Bend. <br />Specifically, funds will go towards covering transportation costs incurred by participants who use <br />the Ride Guarantee program to travel to and from work. <br />Commuters Trust was launched in 2019 with funds from the Bloomberg Philanthropies Mayor’s <br />Challenge to help individuals overcome transportation barriers. In partnership with local employers <br />and nonprofits, the program provides subsidized transportation options (Uber, Lyft and Transpo) to <br />residents living in and around South Bend. In 2024, the program started transitioning from being a <br />philanthropic pilot to public-private partnership that is run by and funded by the City. <br />Since launching in 2019, Commuters Trust has partnered with 18 local employers, providing over <br />500 employees with rides to and from work. This has resulted in roughly 35,000+ Uber and Lyft <br />Rides and 135,000+ Transpo rides. <br />Primarily, this funding will be used to subsidize the cost of transportation to the employer and <br />program participants, sharing up to 67% of total transportation costs. Any remaining funds will be <br />used for legal and accounting support, printing supplies, advertisement, IT support, technical <br />software, and survey distribution. <br />Please do not hesitate to contact Driedl@southbendin.gov for any additional information. <br />_________________________Pres/V-Pres <br />ATTEST: __________________Secretary <br />Date: ____________________ <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />12-12-2024 <br />
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