Posts tagged “Economic Assistance Grant Program

$1.8 million in federal funds available for COVID-19 aid

By Debbie Eller, Director of Community Development

The City of College Station will make about $1.8 million in federal funds available for two grant programs aimed at helping College Station’s low-to-moderate income residents pay their rent and their employers keep them on the payroll.

Sources for the funding are the CARES Act, Community Development Block Grants, and the HOME Investment Partnership Program. Some of the funds are being re-purposed from previously planned programs. 

The City of College Station Community Development Division will process applications for assistance to residents and businesses affected by the outbreak. 

Tenant-Based Rental Assistance

The Tenant-Based Rental Assistance program uses $475,000 in HOME funds to provide rent assistance to qualifying households for up to three months. The households are eligible for up to $1,000 each month, including payment of unpaid rent for May.

Payments will be made directly to the landlord indicated on the lease, which must have started on or before March 1.  After completing an online eligibility application, grant recipients will be selected by a random drawing. If selected, recipients have one week to provide the necessary documentation. 

Applications will be available on cstx.gov, starting at 12:01 a.m. on June 1 and closing at 11:59 p.m. on June 7.

For more information, email us at RentAssistance@cstx.gov.

Economic Assistance Grant Program

The Economic Assistance Grant Program for small businesses opens the second round of applications today with about $500,000 in CDBG funds. The application deadline is noon on Friday, June 5. Up to $40,000 in community development grant funds will be available for small College Station businesses that will retain or create jobs for mostly low-to-moderate income residents.

The amount granted will be determined by the number of full-time equivalent employees who work each week (FTE=total number of hours worked during the week divided by 40). Businesses must provide proof they were impacted financially by COVID-19. They will also need to report for 60 days to demonstrate they meet the job retention or creation requirements.

For more information, email us at EconomicAssistance@cstx.gov.

Additional Assistance

Additional assistance will be provided to local agencies working to meet the needs of College Station residents. Previously, $30,000 in CDBG funds was provided to Catholic Charities and St. Vincent de Paul to assist residents with rent and utility payments.

An additional $500,000 in CDBG Public Service Agency funding will be available to programs that address needs caused by COVID-19, including medical, food, rent, utilities, and other basic needs. A request for proposal will be released on Monday for agencies interested in addressing these coronavirus-caused needs. Specific Information will be released when programs have been selected for funding.

Community Development staff are available to provide technical assistance to residents or businesses interested in applying for aid. If you need help, call us at 979-764-3778. Similar programs are available for Bryan residents. For more information, go to bryantx.gov

We understand the community’s needs are high, and these resources will not be able to help everyone. Residents are encouraged to contact 2-1-1 for information regarding other available assistance.

  


About the Blogger

Community Services Coordinator Debbie Eller is in her 21st year with the City of College Station. She has led the Community Services Department since 2010. A native of Fort Worth, Debbie earned a bachelor’s degree in animal science from Texas A&M in 1984.


 

 

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Small business program helps retain 121 local jobs

By Debbie Eller, Director of Community Development

The City of College Station’s Economic Assistance Grant Program distributed $282,802 to 16 small businesses, 188 individuals, and 101 families (households of two or more people).

It also helped businesses retain 121 full-time equivalent positions.

Using CDBG Economic Development funds, the program was intended to help prevent job losses for employees with families in the low-to-moderate household income range. In the long term, the program may also contribute to job creation or enable businesses to reach their pre-disaster employment numbers.

Additional funding will be available in mid-May.

 


About the Blogger

Community Services Coordinator Debbie Eller is in her 21st year with the City of College Station. She has led the Community Services Department since 2010. A native of Fort Worth, Debbie earned a bachelor’s degree in animal science from Texas A&M in 1984.


 

 

If you found value in this blog post, please share it with your social network and friends!

 


City creates program to aid local small businesses

By Debbie Eller, Director of Community Development

While the COVID-19 outbreak has arrived with a high human cost, it’s increasingly evident that the economic impacts could be substantial as well. In response, the City of College Station has created an Economic Assistance Grant Program for our small businesses with low-to-moderate income employees.

The city council unanimously approved the program’s guidelines as part of a special Monday afternoon teleconference meeting.

Funded with almost $300,000 in CDBG Economic Development Funds, the program could help prevent job losses for employees with families in the low-to-moderate household income range, such as a family of four that earns under $54,800 a year. In the long term, the program could also contribute to job creation or enable businesses to reach their pre-disaster employment numbers.

Grants of up to $40,000 will be available, based on the number of employees. Businesses need to provide information regarding their business before and after implementation of the COVID-19 declarations, including financial documents, employee information, and their willingness to comply with local, state, and federal requirements. 

To apply, click the link below, register as a vendor, and download the required documents. After you log-in, click on Current Bids and the Eco Assistance Grant link, where you can upload the documents.

New applications are reviewed and funds awarded each week, and each entity may receive only one grant. We expect the requests to outpace the available funds.

Funds will be disbursed in four installments, with the first distributed after the agreement is executed. Subsequent payments will be made following the submission of payroll documentation showing that the funding has helped retained job funding. 

For more information, email me at deller@cstx.gov.

 


About the Blogger

Community Services Coordinator Debbie Eller is in her 21st year with the City of College Station. She has led the Community Services Department since 2010. A native of Fort Worth, Debbie earned a bachelor’s degree in animal science from Texas A&M in 1984.


 

 

If you found value in this blog post, please share it with your social network and friends!