The Economic Workforce Development Department has launched another round of the small business rental relief program.
Donor Name: Economic Workforce Development Department
State: California
City: Los Angeles
Type of Grant: Grant
Deadline: 07/20/2022
Size of the Grant: up to $15,000
Details:
The Small Business Rental Assistance Grant Program will provide grants of $2,500 up to $15,000 to eligible businesses that need financial assistance to aid in their recovery from the COVID-19 pandemic. Businesses must be located within the City of Los Angeles and use the grants to cover some or all of any outstanding location rental fees.
Eligibility Criteria
To be eligible to apply for the Rental Assistance Grant Program, a business must demonstrate the need for financial support due to the impact of the COVID-19 pandemic and meet the following criteria:
- Businesses that submitted a Round 1 application and have NOT been contacted by the City of L.A. processing team as of July 1, 2022, failed to meet program eligibility. Unless your business circumstance has changed (e.g. BTRC is now in good standing) please do not submit a Round 2 application.
- Must be a for-profit business and located within Los Angeles City boundaries
- Must be operating from a commercial location(home-based businesses are not eligible)
- Must have an active Business Tax Registration Certificate (BTRC) with the City of Los Angeles that is current and in good standing
- Must have actively been in business on or before March 1, 2020
- Annual revenue cannot exceed $5 million
- Must identify the negative economic impact resulting from COVID-19 and must be able to demonstrate that the grant funds will be used for recovery from the pandemic
- Must be in good standing with the Secretary of State, if applicable
- Sublease rental arrangements do not qualify for this program.
For more information, visit EWDD.
