Commercial Rental Assistance Grant: Applications open NOW until July 22

On January 12, 2021, the City Council approved the development of the Commercial Rental Assistance Grant (CRAG). CRAG is funded by the third round of emergency grant funds from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act Community Development Block Grant Coronavirus (CDBG CV-3) allocation. CRAG will provide financial relief to small businesses located in low-to-moderate income areas that have lost revenue as a result of COVID-19 and State and Local Health Orders that restricted business operations.  Approximately $1.7 million is available for this program. Grants totaling $4,000 are available to help businesses pay commercial lease payments that are outstanding or will become due in the 2021 calendar year.

The CRAG application is open from June 11, 2021 at noon to July 22, 2021 at 5:00 p.m.

For more information: CLICK HERE

Leave a Reply