Because the tax status and circumstances are unique to each business, grant recipients should consult their tax professionals to determine what, if any, tax obligations will result from receiving this grant.
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No, applications will not be prioritized in any way. All applications submitted within the two-day filing window of 9 a.m. on Monday, June 22 to noon on Wednesday, June 24 will be entered into the lottery.
As soon as the application window closes at noon on June 22, all applications will be placed into a pool and 64 will be randomly drawn.
A team of City staff members will promptly call all business owners whose applications were drawn. It should be noted, however, that being selected in the lottery does not guarantee that a grant will be issued to the applicant. City staff will verify the eligibility of each application and contact the business owners if additional documents are needed.
Once approved, business owners will be provided grant funds in one lump sum. Proof of payment for eligible expenses will need to be submitted to the City on a quarterly basis or until all grant funds have been spent.
Grant funds must be used to cover essential operating expenses (e.g.rent, utilities and payroll) or costs related to reopening safely such the purchase of personal protective equipment (e.g. masks, gloves, aprons or gowns, goggles and face shields) or products or materials to assist with infection prevention and physical distancing (e.g. plexi-glass guards, signage and floor markers)
No. The grant does not have to be repaid, however, any funds not spent within one year of receipt must be returned to the City.
To maximize the impact of the limited funds available, at this time the Business Recovery Program grant is only open to businesses that were required to close or reduce operations under the Governor’s and County Public Health Department orders. Home-based business owners perform activities from their own homes and therefore are not heavily dependent on in-person services or transactions nor do they have to pay rent, utility, wages, and other related expenses associated with maintaining a physical storefront and having a workforce.
Yes, you must employ a minimum of one employee and no more than 25 full-time or full-time equivalent employees. The phrase full-time equivalent refers to a combination of part-time employees whose combined hours are the equivalent of a full-time position. For example, two employees who each work 20 hours per week are equal to one full-time worker.
A low-to-moderate job is one that pays a salary less or equal than 80 percent of the low-moderate median household income as defined by the federal Community Development Block Grant (CDBG) program. This depends on the number of persons in the employee’s household. For a single individual, the low to moderate income level is at or below $63,100 annually; 80 percent of this amount is $50,480. For maximum income limits for households of more than one person, refer to the 2020 CDBG income guidelines for Los Angeles County, see Business Recovery Program policy for income details.
For questions about the grant program application or eligibility, email firstname.lastname@example.org or call (909) 348-8360.