CDBG-CV Small Business Relief Program
CDBG-CV Economic Development grants provide communities with funding to help local businesses impacted by COVID-19 retain jobs for low-to-moderate income people. These funds are not to start new businesses or services.
Funds will be awarded on a first-come, first-served basis until all funds have been dispersed.
To be eligible, businesses must be:
- Located in the City of Andover
- Retaining jobs for low to moderate income people: 51% of full-time equivalent jobs retained must be for persons from low to moderate income households as defined by the U.S. Department of Housing and Urban Development (HUD).
- Businesses that suffered losses due to COVID-19, and who have not received funding from other resources for the requested expenses
- In existence as of March 1, 2020
CDBG-CV Economic Development grants can be used to pay for the following expenses:
- Working capital such as wages, utilities, rent, everyday expenses, etc. (this does not include paying off debt)
- The purchase of 60 days’ worth of inventory needed to reopen (60 days will begin on the day the business is allowed to reopen)
The first round of awards will be announced Friday, September 4th. Apply by Thursday, September 3rd at midnight to be considered for the first round.
Applications received after the first round deadline may still be considered if there is additional funding. If you have missed the deadline, but are still interested in receiving funding, please fill out the application as soon as possible.
Businesses with five or fewer employees (including the owner) are eligible to receive up to $25,000 per FTE job in CDBG-CV Economic Development grant funding (with a maximum of $30,000 per company).
Businesses with between six and 50 employees are eligible to receive up to $35,000 for each FTE job in CDBG-CV Economic Development grant funding (with a maximum of $50,000 per company).
|1||Complete the online application.|
The application will be exclusively online in order to ensure grantees are awarded equitably on a first-come, first-served basis as the applications are timestamped.
Part of the online application requires that you provide LMI Employee Certification Forms, which are required by CDBG to verify Low to Moderate Income thresholds.
These forms are required as part of the application process. You will not be able to submit the application without them. 51% or more of the jobs retained must be for persons from low to moderate-income households (between columns A and C on this form).
|2||City will review and submit approved applications to the State of Kansas for authorization to release funds.|
The City will notify businesses via email that have been approved and submitted to the State for final approval.
|3||The City and the Grantee will enter into a grant agreement to release funds and certify appropriate use thereof.|
|4||City will require verification in the form of receipts or other proof (e.g. payroll records) to ensure that funding was used appropriately. Grantees will provide the requested data specified by the City.|
|5||City will release funds to businesses after final approval by State.|