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DC Department of Housing and Community Development
Small Business COVID19 Economic Relief
Deadline  5/29/2020
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Description  [hide this]

To mitigate the spread of the coronavirus (COVID-19), Mayor Muriel Bowser issued Mayor’s Order 2020-053 requiring the temporary closure of the on-site operation of all non-essential businesses. The Order is effective March 25, 2020, at 10:00 p.m., through June 8, 2020. 

DHCD SMALL BUSINESS COVID19 ECONOMIC RELIEF GRANT PROGRAM

                         *APPLICATION DEADLINE May 29, 2020*

Eligibility- Defined as a small business as defined by the SBA
- For profit businesses located in Wards 7 and 8 in Washington DC
- Businesses located in a low-moderate area census tract, serves a low/moderate clientele and provides jobs to low-moderate individuals. 
- Businesses in need of short term working capital to avoid job loss caused by business closures related to social distancing. 
- Demonstrated need for working capital to retain jobs held by low and moderate income persons 
Prohibitive Businesses- Liquor, tobacco stores, cannabis dispensaries, adult entertainment, banks, financial services and e-commerce or seasonal businesses
Threshold Requirements- Must not have any judgements, outstanding tax debt of more than $200 without a payment plan, lawsuits or pending lawsuits with the District of Columbia.
- Applicants must self-certify tax history and the District reserves the right to deny to deny funding based on tax history.
Maximum Grant Award -  Up to a overall maximum of $10,000
Eligible Uses -  Short term working capital to fund wages to avoid job loss caused by business closures or reduction in business due to social distancing, rent, utilities, interim operating expenses.

Your business must fall under the federal definition of a “small business” as set forth by the Small Business Administration (SBA).

You qualify if:

  • Your revenue is less than the industry standard, based on either revenue or employee size, as determined by the US Small Business Administration. Look up your NAICS Code here and then use the SBA's interactive tool to see if your business qualifies as small.

Requirements  [hide this]

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Restrictions  [hide this]

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Library  [hide this]


$ 0.00 requested
Application Status: Not Submitted

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