liftfund harris county grant

Full Bio. #nf-form-28-cont .nf-form-title h3 { The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . No, you may only submit one application for one business. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Since I dont have a 2019 business tax return, what documents do I need to submit to prove negative impact? For more information about LiftFund, visit. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. How. County Judge Lina Hidalgo recently discussed the start of the Harris County Small Business Relief Fund application period, where eligible companies can apply for grants between $5,000 and $25,000 until October 4, 2021. Youre ready to grow and strengthen your business with a loan. San Antonio company LiftFund said many small businesses aren't fully prepared for a natural disaster or emergency, so it has secured a $500,000 federal grant to change that. These local agencies will with the application process to help overcome technological or language barriers. Below you will find more details about this program, including eligibility, funding methodology and timeframe. Do Not Sell or Share My Personal Information. The team was dedicated to finding a way to use American Rescue Plan Act funding to provide direct economic relief for community businesses still struggling with the effects of the pandemic. Headquarters | 2014 S. Hackberry St, San Antonio, Texas 78210, USA, 2021 LiftFund All Rights Reserved | Privacy Policy | Terms of Service, About LiftFundImpactCommunityOur TeamClient Stories, ResourcesBusiness SupportLiftLearnEventsBlog, LoansAm I Ready?Funding OptionsRefer A Client, ChampionsPartnersSupportersClient Marketplace. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. If I received Harris County assistance last year, am I eligible to apply for the grant? If you file an 1120-S, use Line 1. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. All applicants will be notified of their application result by January 31, 2022. Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. LiftFund supports hard-working small business owners access money and resources they need to grow their business. Bexar County Small & Micro Business COVID-19 Relief Grant Program is a new fund to provide emergency relief to small businesses struggling under the financial impact of COVID-19. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. liftfund requirements. At LiftFund, your investments can transform lives and wed be happy to share how you can join our movement with a gift or an investment. At a young age, Sophie Macey learned American Sign Language to communicate with her deaf cousin, Yasmin, and forged lasting friendships with other deaf children throughout her time in school. Grant applicants are only eligible to receive one . LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Applicants selected to receive a grant will receive an award agreement through Docusign. The only thing standing between small business owners and success is often a lack of capital. To qualify, applicants must show that they were negatively affected by the COVID pandemic. Then, gather and review your financials and credit history. Services include Small Business Support. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Small businesses in the county that found themselves affected by COVID-19 will soon be able to apply for a grant of up to $25,000. If my revenue was less than $500,000 in either 2019 or 2020 but greater than $500,000 in the other year, am I eligible? For more information about LiftFund, visit www.LiftFund.com. Is negative impact on operations due to the pandemic based on gross or net revenue? } Then, apply and submit all of your documents. . By joining our movement, you say yes to financial inclusion and opportunity for all. 2022-2023 Grantees Home; Submit Status Report; Update Contact Information; Submit Quarterly Outcomes Report; Apply For 2023-24 Funding. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Yes, for financial assistance, please visit, . How many businesses will be assisted through this program? Houston's Harris County brought the most business owners to LiftFund by far, with 230 applications totaling more than $22 million in "pre-approved" loan amounts, which are based . The message will come from a LiftFund email address. You need capital that can support you a loan that can help you grow your business so you can prove your success and qualify for a bank loan. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. I used to have more employees in 2019 and/or 2020. The annual revenue amount will only be reviewed for the location listed on the application and not the total of all businesses owned by the applicant. Grant Funding For Veterans Services. font-size:12pt; SSBCI was established in 2010 and then recently . It is based on gross revenue. Register to connect with experts and members to discuss timely topics. If you file an 1120, use Line 1a. %PDF-1.7 For your convenience, services are being provided in-person, online, & by phone. The grant program will go far in supporting our members and small business community., Headquarters | 2014 S. Hackberry St, San Antonio, Texas 78210, USA, 2021 LiftFund All Rights Reserved | Privacy Policy | Terms of Service, About LiftFundImpactCommunityOur TeamClient Stories, ResourcesBusiness SupportLiftLearnEventsBlog, LoansAm I Ready?Funding OptionsRefer A Client, ChampionsPartnersSupportersClient Marketplace, recently appointed to the U.S. Treasury Committee for Racial Equity. colonel frank o'sullivan interview; beverly hills high school football Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. You may still submit the home utility bill. You will need to submit your 2020 tax return. How to do I prove how many employees I have if I hire 1099 contractors? Join our movement to build a stronger economy. To learn more about industry prioritization, click here. If you need help with the Public File, call (713) 778-4745. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. Get Hired! If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . Harris County Community Services Department (HCCSD) has released the Harris County Affordable Rental Housing Program (ARHP) Request for Applica tions /Proposals (RFA). <> In 2020, LiftFund provided over $98 million in relief funding, including zero-to-low interest rate loans and grants, to small business owners across its 15-state footprint including over $6.1 . Upon graduating, Sophies aunt encouraged her to pursue an ASL career and follow her passion of bridging the gap between the deaf and hearing communities. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 To be eligible, you must meet the following criteria: Businesses that dont meet the above criteria, but fulfill certain other guidelines, may also qualify: Apply Now for an SBA 7(a) Community Advantage loan. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . We can help you get the funding you need, even if youve been turned down before. Please check spam and trash in case it was blocked. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. <> HOUSTON Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. You can also attend one of our free upcoming seminars www.liftfund.com/events. Join the LiftFund family as a client today. Win Your Trip to Our 2023 iHeartRadio Music Awards! Can I apply? The U.S. Department of the Treasury recently approved up to $339 million in funding for five states and territories under the State Small Business Credit Initiative (SSBCI). font-size:12pt; annual revenue of less than $500,000 in 2019 and 2020. P.O. Get the latest COVID-19 guidance and information via our resources page. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. But when other lenders are telling you no, LiftFund wants to say yes. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. Sign up for our email newsletter to receive important updates regarding Texas veterans and TVC. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent scoring system that will prioritize businesses and business owners in vulnerable areas as well as minority- and women-owned businesses. In 2020, LiftFund provided over $98.2 million in prompt financial support to small business owners facing the economic impact of COVID-19, including relief loans, small business grants and PPP loans across its 15-state footprint. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Yes. Houston, Texas Area. The application period opens Monday, July 13, 2020 and closes on Monday, July 27, 2020 with $24.7 million available. Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). We believe entrepreneurship is a path to financial and family well being and we create products and resources that close the small business finance gap thousands of small businesses face daily. Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. Small businesses throughout Harris County that have been affected by the COVID-19 pandemic will soon be able to apply for grants ranging from $5,000-$25,000. Applications with the highest scores will be reviewed and approved first. Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. Thank you. Available for start-up and existing businesses; SBA guarantee allows us to provide financing; Cash flow must be sufficient for payments; Owner Injection: 20% startups, 20% business acquisitions; Projections reviewed for businesses affected by COVID19; More than 50% of workforce is low-income, or resides in LMI census tracts, 51% or more owned by veterans, active duty military participating in the militarys Transition Assistance Program (TAP), reservist or National Guard member or a spouse of any of these groups, 51% or more owned by a widowed spouse of a service member who died while in service, or a widowed spouse of a veteran who died of a service-connected disability, Current on all payments for the last 12 months, It was used originally (85% or more) to finance eligible 504 uses (see above). More about these services:www.liftfund.com . If you do not receive any additional funding besides the Harris County grant, what is the likelihood of your business being open on 12/31/2022? HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. We are proud to partner with local community organizations collaborating as partners. Administered by local nonprofit small business advocate, LiftFund, the program was designed to assist local businesses and nonprofits recover and grow after the challenges of the pandemic. We will be hosting virtual info sessions to provide an overview of this grant program. The SBA created the Community Advantage program to reach underserved communities where business owners may struggle to obtain financing through traditional means. 2020 at 5:00 PM CST. On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. In order to keep our team focused on the review and award process, we kindly ask that you refrain from contacting us to request a status update, as we may not be able to provide an immediate response to your inquiry. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. TikTok & Hispanic Heritage Foundation. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. We know applying for a loan is an important decision, our team will be there to help you package and understand your funding options while youre applying with us. Bexar County is requesting bids for the installation of Bullet Resistance Glass around the radius of the counter located in the Human Resources Department. Policy News - March 2, 2023. Very Likely . Since 1998, LiftFund has provided over $68.7 million in capital and more than 4,300 business loans to East Texas small business owners and entrepreneurs, of which 81% are Black, Indigenous and People of Color (BIPOC), 65% are Low-to-Moderate Income individuals, 43% are women, and 24% are startups. Business Financials: 2019 and 2020 business tax return (additional financial documents, such as bank statements or P&L may be requested if losses cannot be verified by the tax returns), DD 214 proof of military discharge (veterans only), The program has a priority for woman, minority and veteran-owned businesses, Receipt of previous federal COVID-19 funding through PPP loan, EIDL or Harris County grants, The program has a priority for businesses with fewer than 10 employees. Please check spam and trash in case it was blocked. . This program puts funding directly into the hands of small businesses and nonprofits to help them strengthen the families and neighborhoods of our county, says County Judge Wolff. My business is home based and all of my utilities are in someone elses name. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { Additionally, please uploadoneof the two options below to the application: The amount you are eligible for is based on the number of full time equivalent (FTE) employees you have. The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. A website with additional information for applicants is slated to go live on Aug. 20, Hidalgo said. We are committed to reviewing applications as quickly as possible. 766 Grant Harris Rd. Laredo, Texas - LiftFund and the City of Laredo have teamed up to launch a nearly $2 million Small Business Grant Program aimed at strengthening the Laredo small business community who have continued to be impacted by COVID-19.The new program will provide grants of $5,000 to $25,000 to qualifying micro and small for-profit business owners operating in Laredo. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. Our goal is to make sure we provide capital that meets goals and budget. Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable.

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