liftfund harris county grant

The nonprofit community development financial institution provides aid to small business owners across its 15-state footprint, the county said, including more than $6.1 million in funding for Harris County small business owners." colonel frank o'sullivan interview; beverly hills high school football Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. Somewhat Likely . Thank you for your cooperation. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. Texas Border Businesss. Is this program different from the City of Houston's grant program? Partner with LiftFund and connect your client to resources and capital so they begin a path to success. We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. Grants will range from $5,000 to $25,000. You will receive a confirmation email from noreply@bmisw.com. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? The application review period will start on October 5, 2021 and continue through January 9, 2022. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. , provides support to impacted small businesses and communities through small business loans and grants. This is an effort to reach businesses that may have been underserved by previous relief programs. 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? If you file an 1120-S, use Line 1. LiftFund founder, Janie Barrera, is a staunch advocate for small businesses in the area and nationally. The application window will remain open until Monday, October . 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). If I have more than one business, how is the annual revenue amount calculated? } Yes, for financial assistance, please visit, . The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. It loans money to . Business Bank statements from first quarter of 2020 plus business bank statements from any other quarter in 2020, A January- August profit and loss statement for 2020 and one for January August 2021. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. LiftFund offers small business loans to entrepreneurs located in the following states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Missouri, Mississippi, New York, New Mexico, Oklahoma, South Carolina, Tennessee, and Texas. Join the LiftFund family as a client today. Businesses must not have any outstanding tax liabilities. Please refer to the Scope of Work for additional information. You can view the list of prohibited NAICS codes here. Learn more about becoming a LiftFund supporter. Get Hired! Plus, Carmen Contreras, Ashlee Young, DJ Mr. Rogers, Kiotti Brown and huge artists like Rihanna, Drake, Migos, Bryson Tiller, Beyonce and Future. No, number of employees will be calculated based on first quarter 2021. LiftFund offers the Community Advantage loan to small businesses located in the following states: Alabama, Arkansas, California, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, New York, Oklahoma, South Carolina, Tennessee, and Texas. By: Danica Lloyd - Community Impact. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. We will be hosting virtual info sessions to provide an overview of this grant program. Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. We know that applying for a loan can be daunting, but were more than just a lender were here to guide you through the process so you can apply with confidence, as well as guide you to understand how to best use your funding. 4 0 obj Sign up for our email newsletter to receive important updates regarding Texas veterans and TVC. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". Funds from the $30 million fund will be distributed by LiftFund. How Small business loans in Houston, TX up to. 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. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. The Small Business Relief Fund was created with funding from the American Rescue Plan Act (ARPA) and is being administered by LiftFund, a nonprofit organization that supports small business owners . Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. 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. Create secure account. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). 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. Below you will find more details about this program, including eligibility, funding methodology and timeframe. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . All grants will be awarded by January 2022. Then, gather and review your financials and credit history. Policy News - March 2, 2023. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. . TikTok & Hispanic Heritage Foundation. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. 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 . Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the /* FIELDS STYLES */ They include Arkansas, Guam, Rhode Island, the U.S. Virgin Islands, and Wisconsin. I used to have more employees in 2019 and/or 2020. Applications must be done online. If I have questions, how do I contact LiftFund? If I am not eligible for this grant, are there any other resources for me? Your password must be at least 7 characters long. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Harris County has created a new $30 Million Small Business Relief Fund to support micro and small businesses recovering from the economic effects of the COVID-19 pandemic. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Notice: JavaScript is required for this content. Were a social enterprise that finds solutions to level the financial playing field for entrepreneurs who are often left out of financial mainstream. Copyright 2023 Click2Houston.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. If you reported income from your current business on your schedule C in 2019 and 2020, you may file a DBA at this time and be considered. The fund was approved to support small and micro businesses who have . Were here to help you strengthen your business. The grant application will require verification of pertinent documentation. Created with funding from the American Rescue Plan Act (ARPA), the Small Business Relief Fund is being administered by LiftFund, a nonprofit community development financial institution (CDFI); and we are proud to announce that Impact Hub Houston is partnering with LiftFund to help more entrepreneurs, founders, and micro and small businesses learn about and get access to this critical funding so they can survive and thrive in these incredibly trying times. The message will come from a LiftFund email address. .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-label label { Box 12277 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. These local agencies will with the application process to help overcome technological or language barriers. Small business owners have something to look forward to later this month, as Harris County launches The Small Business Relief Fund, a grant administered by LiftFund in order to help assist small . Since 2011, the LIFT Fund has served as a resource hub for people and organizations interested in learning more about innovative strategies and tactics that move the workers' rights movement forward. For your convenience, services are being provided in-person, online, & by phone. Register Email Prepared technical reports regarding emissions and environmental . Please attached copies of your 2020 1099s in the application or submit a payroll report. Assistant Director Senior Programs. Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. For more information about LiftFund, visit www.LiftFund.com. Applications will be accepted from Monday. Why Houston? Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. We will contact you by phone or email if additional documentation or clarification is needed. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Harris County urges business owners to apply by visiting the website at www.harriscountybusinessrelief.org to review the applicant checklist to verify eligibility for this program and also to be prepared with the proper documentation needed to apply before the application portal opens. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Nov 14 2022 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. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. SOAR Fund - The Southern Opportunity And Resilience Fund. Extremely Unlikely . A list of our partner agencies and their contact information can be found, Yes. . For more information about LiftFund, visit www.LiftFund.com. <> More information about the partner organizations can be found, You will receive a confirmation email from. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. The business must be registered to be considered. The new $30 million relief fund is subsidized by the American Rescue . .nf-form-content .nf-field-container #nf-field-315-wrap { Register here. - Reporter, Houston Business Journal. . Grant Funding For Veterans Services. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. You can submit a copy of your business lease agreement. More about these services:www.liftfund.com . | Fort Bend Economic Development Council. . If your business is in a low- to moderate-income community that LiftFund serves, you may qualify for a special SBA loan. Dj Supastar talked with VP, Michi Clay of The Lift Fund on Face The Beat this past Sunday about FREE money that is available for small business owners. 766 Grant Harris Rd. You can also attend one of our free upcoming seminars, We can be reached by phone at 888-215-2373, by email at, 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. As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. Learn more about becoming a LiftFund partner. Stay up-to-date on whats happening with the Partnership and Greater Houston region by opting-in to receive information on upcoming events, news, data releases and more. These local agencies will with the application process to help overcome technological or language barriers. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. SSBCI was established in 2010 and then recently .