City of Pasco recently issued the following announcement.
COVID-19 relief grants, up to $30,000 each, are now available to eligible small businesses operating in the City of Pasco. These grants are funded by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, as allocated to the U.S. Department of Housing and Urban Development Community Development Block Grant (CDBG-CV) program. Businesses meeting the criteria and located within the city limits of Pasco are eligible to apply. Nearly $350,000 in grants to businesses with 5 or fewer employees, including the owner, are available for distribution.
Eligibility Requirements:
- A City of Pasco business license for a commercial location operating within the city limits
- For-profit small business consisting of five or fewer employees, including the owner(s), with low-moderate household income (LMI), not to exceed 80% of median household income for the Pasco-Kennewick-Richland area
- A US Citizen or Permanent Resident Alien
- Have experienced a drop in revenue as a result of the coronavirus (COVID-19) pandemic
- In operation for one year or longer
- Have not received any other financial assistance in the form of grants, subsidized loans, insurance, or reimbursement
The Downtown Pasco Development Authority (DPDA), on behalf of the City of Pasco, will be administering grants to these eligible small businesses. Please contact DPDA at (509) 546-1304, or info@downtownpasco.com, for questions or more information.
The City is working on additional grant monies for small businesses that have more than five employees and expects to make an announcement in early July.
Original source can be found here.
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