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CITY OF TACOMA: City of Tacoma Establishes Revitalization Grant Program

Grant

City of Tacoma issued the following on Oct. 12

City of Tacoma Establishes Revitalization Grant Program

In an effort to mitigate the negative economic impacts of COVID-19 on Tacoma's micro businesses, defined as five or fewer employees including owners, the City of Tacoma's Community and Economic Development Department has established a COVID-19 Revitalization Grant Program. The application period ends October 23, 2020 at 5 PM.

“Tacoma is a city powered by the spirit of entrepreneurship,” said Tacoma Mayor Victoria Woodards. “In addition to adding jobs and powering up our local economy, small businesses are a vital part of the unique character of our community. At the same time, Tacoma’s smallest businesses are also most vulnerable to the economic threats of COVID-19. Supporting micro businesses is an important way that we can strengthen Tacoma’s resiliency and work together to diminish any long-term impacts of the pandemic on our local economy.”

Micro businesses must be located within Tacoma city limits, with a current business license, and have been operating for at least a year as of March 16, 2020. The majority owner must have a household income of no more than 80 percent of area median income and they must be able demonstrate that they have experienced a loss of income due to COVID-19. Some home-based micro businesses may qualify if they are located within lower economic opportunity areas in Tacoma. 

 

Fifty micro businesses will be selected for $10,000 grants from all qualified applications submitted by the application deadline via a lottery method.

There is no cost to submit an application.

Application details are on makeittacoma.com. Questions regarding this program may be directed to Shari Hart at resiliencygrant@cityoftacoma.org or (253) 591-5208.

As the situation evolves, general information about the City’s response to COVID-19 will be posted on the “What’s Going On” section of the City’s website. Information about COVID-19 is available at TPCHD.org/coronavirus.

Original source can be found here

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