CV-Community Development Block Grant
Microenterprise Grant Program
Administered by: The Economic Development Corporation of Jefferson County for Jefferson County
The program has been created and funded as a result of The Coronavirus Aid, Relief and Economic Security Act (CARES Act) and extraordinary waivers granted from the U.S. Department of Housing and Urban Development under its Community Development Block Grant Program. These additional CDBG funds (CDBG-CV) are for the specific uses to prevent, prepare for, and respond to the coronavirus (COVID-19) pandemic. Jefferson County has elected to use a portion of its CDBG-CV allocation to fund a grant program for microenterprise businesses affected by the coronavirus pandemic.
This program will provide a one-time grant in an amount of up to $10,000 to eligible microenterprises located within Jefferson County. The purpose of these grants is to provide funds to low-and moderate-income businesses to assist them in remaining open as well as stabilization for the future.
- The business must be physically located within Jefferson County.
- The business must be a microenterprise, defined by HUD as a commercial enterprise that has five (5) or fewer employees, 1 or more of whom owns the business.
- The business must employ five (5) or fewer people at the time of application. This includes the owner, part-time and full-time employees.
- The business owner(s) family and/or the business employee(s) must be low-to-moderate income (LMI) as defined by HUD income guidelines.
- The business must be a for-profit entity (Non-profit entities are not eligible)
- The business must not be permanently closed, out of business, or filed bankruptcy.
- The business must be able to document expenses equal to or greater than the requested amount of assistance. Incurred expenses must be on or after March 1, 2020.
- SEE GUIDELINES FOR ADDITIONAL ELIGIBILITY REQUIREMENTS