BETHLEHEM CREATES SMALL BUSINESS EMERGENCY RELIEF FUND
Bethlehem, Pa. – (April 16, 2020) –
The City of Bethlehem is proposing a Small Business Emergency Relief Fund to assist city businesses impacted by COVID 19. $300,000 of Community Development Block Grant (CDBG) funding has been identified to be utilized by the program that will provide one time grants of $2,000. Awarded funds can be used for operational costs inclusive of rental assistance, payroll assistance, and utilities.
The Small Business Emergency Relief Fund is supported with Community Development Block Grant (CDBG) money. CDBG is federal funding with specific eligibility criteria. To be eligible, businesses must be located in the City of Bethlehem, and comply with low to moderate income (LMI) funding requirements outlined in CDBG guidelines. Additionally, prioritization will be given to those businesses in the retail, food, and beverage, and personal service industries within the Central Business Districts and Limited Commercial zoning districts, however, all businesses are encouraged to apply.
Mayor Bob Donchez says “These are unprecedented times, businesses are struggling and in need of support. We are fortunate to have funding available to be used toward this program and will continue to craft programs to provide support to our business community.”
Applications for the program will be available April 22, 2020
on the city’s website: www.bethlehem-pa.gov
. or www.bethlehem-pa.gov/Community-Economic-Development/Small-Business-Emergency-Relief-Fund.
Applications will be reviewed by a committee for eligibility and evaluated based on funding priorities.