(a) (1) There is hereby established within the Workforce Services Branch of the Employment Development Department, the Community Economic Resilience Fund Program, to build an equitable and sustainable economic recovery from the impacts of COVID-19 on Californiaâs industries, workers, and communities, and to provide for the durability of that recovery by fostering long-term economic resilience in the overall transition to a carbon-neutral economy. (2) The branch shall administer the Community Economic Resilience Fund Program. The program shall be governed by the provisions of this chapter. (b) (1) The program shall be administered by the Labor and Workforce Development Agency, the Office of Planning and Research, and the Governorâs Office of Business and Economic Development. These three agencies shall be referred to as the Inter-Agency Leadership Team and shall jointly be responsible for planning, oversight, and decision-making, including, but not limited to all of the following: (A) Identifying the geographic boundaries of regions in a way that prioritizes economic recovery and transition strategies and is consistent with other state definition of regional economic and labor markets. (B) Creating program guidelines and evaluation metrics. (C) Designing a competitive grant structure for CERF investments. (D) Developing technical assistance and evaluation infrastructure. (E) Tracking and reporting progress and deliverables. (2) Program implementation shall be undertaken by the Workforce Services Branch of the Employment Development Department under the direction of the Inter-Agency Leadership Team. It is the intent of the Legislature that CERF be designed to build a more robust, sustainable, and equitable recovery across all sectors of Californiaâs economy and to provide for the durability of that recovery by fostering long-term economic resilience in the overall transition to a carbon-neutral economy. (3) The Inter-Agency Leadership Team, as established in paragraph (1), shall develop policies for grant funds distributed in this chapter that may fund regional programs and economic development strategies that directly complement state and federal infrastructure, climate, business, and workforce investments in multiple sectors, including housing, transportation, advanced energy, broadband, and natural resources, and connect, in each of those sectors, to any existing or emerging high road training partnerships. Policies and guidelines developed under this provision shall be made publicly available on the Labor and Workforce Development Agencyâs internet website. (4) (A) The Inter-Agency Leadership Team shall consist of the senior cabinet-level appointees, or their designees, representing the Labor and Workforce Development Agency, the Office of Planning and Research, and the Governorâs Office of Business and Economic Development, with policy guidance from subject matter experts within those state entities. (B) The Inter-Agency Leadership Team shall be supported administratively by the Office of Planning and Research. Administrative support shall include support for convenings, meetings, agendas, gathering, analyzing and communicating stakeholder input, and summarizing guidelines for solicitations and providing this policy guidance to the Workforce Services Branch. The Labor and Workforce Development Agency, the Office of Planning and Research, and the Governorâs Office of Business and Economic Development shall sign memoranda of understanding or inter-agency agreements for purposes of confirming each of their roles and responsibilities in the Interagency Leadership Team. (c) (1) The program shall provide financial support to establish and support high road transition collaboratives in designing region- and industry-specific economic recovery and transition strategies. The program shall include a focus on macroeconomic impacts, such as the global COVID-19 pandemic, the global transition to carbon neutrality, or the wes
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