The City of Philadelphia has launched the Ida Business Assistance Program to help businesses recover from the impacts of Hurricane Ida.
Donor Name: City of Philadelphia
State: Pennsylvania
City: Philadelphia
Type of Grant: Grant
Deadline: All Time
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
The Ida Business Assistance Program is funded by the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant-Disaster Recovery (CDBG-DR) program and administered by the Department of Commerce. Subject to available funds.
Funding Information
Eligible businesses can receive grants between $50,000 to $150,000.
Eligible Funding Uses
Grants can be used for everyday business costs, such as:
- Rent and mortgage payments
- Moveable equipment lease payments, repairs and maintenance
- Credit card processing fees
- Marketing expenses
- Business travel (e.g. parking fees, tolls, gas, metro cards, air fare)
- Licenses, permits and inspections
- Delivery costs
- Payroll taxes paid by the employer
- Professional services
- Utility bills
- Employer (non-owner) payroll
- Inventory purchases
- Business insurance premiums (property, liability, workers compensation, etc.).
Eligibility Criteria
Eligible businesses for the Ida Business Assistance Program must:
- Be located within the City of Philadelphia;
- Have existed prior to September 1, 2021 (before Hurricane Ida)
- Have reopened after the disaster
- Have had damage or lost revenue because of Hurricane Ida
- Be compliant with local, state, and federal regulations
- Be up to date on City taxes or have an approved tax payment agreement
- Not be banned from receiving federal help (not listed on SAM.gov)
- Not be a private utility company.
For more information, visit City of Philadelphia.
