Posted on May 25, 2021 at 9:49 AM by Maggie Le
The City of Fountain Valley Community Development Block Grant (CDBG) Small Business Emergency Assistance (SBEA) Grant Program’s initial application period closed on May 17, and 75 applications were received. The grant was designed to assist low income business owners in the city with up to $10,000 in working capital to assist in overcoming the economic impacts of the COVID-19 pandemic. Applications are currently being reviewed to determine eligibility and notifications of application status, and the next steps in the process, should be sent to applicants by the end of May. All grant funds must be used to prepare for, prevent, and/or respond to COVID-19.