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Loan And Grant

United States- Massachusetts  COVID-19 (CDBG-CV) Grant: Up to $25,000

by myeduproject December 14, 2021
written by myeduproject December 14, 2021
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United States- Massachusetts  COVID-19 (CDBG-CV) Grant: Up to $25,000

The US state of Massachusetts, a Growth Capital Corporation is dishing out  funds from the Community Development Block Grant COVID-19 (CDBG-CV) program to 23 municipalities for microenterprise assistance.

These special CDBG-CV funds were appropriated through the CARES Act of 2020 and are being awarded to the Department of Housing and Community Development (DHCD) by the Department of Housing and Urban Development (HUD).

See Supreme Family Entertainment International Initiative (SFEII) Grant 2021: N300k/6 Yrs

CDBG-CV Microenterprise Assistance grant funding will support qualifying microenterprises adversely impacted by COVID-19, giving priority to minority status-owned businesses (Minority, Women, Veteran, Disability, LBGTQ+).

Grants of up to $25,0000 are still available for small commercial enterprises in Dedham.

To date, 18 eligible Dedham small businesses have received grants totaling $207,500

Eligible businesses that have not yet applied can apply now.

Those that have received less than $25,000 in grant funding are eligible to re-apply up to the $25,000 cap.

See Apply for Theobarth Global Foundation Grant 2021/2022(Up to 1.8M)

Businesses That Are Eligible

owned by one or more of the employees.

The Business must have been in ong before covid

located in Dedham. (Home-based businesses may be eligible.)

for-profit business entities,

with 5 employees or fewer,

Eligibility is limited by household income.

All owners of the business must earn an annual income equal to or less than 80% of the Area Median Income (AMI) based on family size.

If a family’s income was impacted by the pandemic, 2020 tax returns may improve eligibility.

See CBN Introduces ₦500 Million Grant For Graduates/Undergraduates-Apply

How To Apply

https://www.dedham-ma.gov/?navid=2505

https://massgcc.submittable.com/submit

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