Up to $10K grants awarded for smallest businesses; apply by May 18
Marysville small businesses with five or fewer employees, and whose owners meet low-income requirements, are invited to apply Marysville CARES grants of up to $10,000 each to be awarded by the City of Marysville. Applications open Monday, May 4, and the deadline to apply is 4 p.m. Monday, May 18.
“We have worked diligently over the past couple of weeks with the Federal Department of Housing and Urban Development and others to find a way to push this grant money out to private sector small businesses within Marysville who are struggling to survive this COVID-19 shutdown,” said Mayor Jon Nehring. “I am pleased that we have found a way to do so while complying with federal restrictions.”
Find more information and the application at https://www.marysvillewa.gov/1065/Community-Development-Block-Grants.
The City will award up to a total of $226,637 in Community Development Block Grant (CDBG) funds authorized by the federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
These grant funds may be used for existing business operating expenses such as lease or rent payments, payroll, utilities and inventory for eligible microenterprises (businesses employing five or fewer people). The business owner must meet federal low-income eligibility guidelines. For example, a family of four with an annual household income of $88,250 or less would qualify.
Use of funds must be consistent with the city’s 2015-2019 Consolidated Plan and PY2019 Annual Action Plan as amended.
The city is offering technical assistance by email to persons interested in applying. To request technical assistance, please contact Amy Hess, Associate Planner, at email@example.com or Chris Holland, Planning Manager, at firstname.lastname@example.org.
To request the application or Consolidated Plan in an alternative format, please contact the Community Development department at 360-363-8100 (voice) or 800-833-6399 (TDD).