Boynton Beach Cra Grants
Boynton beach cra approved 500 000 in funding for new small business disaster relief forgivable loan program to assist covid 19 impacted businesses florida redevelopment news clips boynton beach cra approved 500 000 in funding for new small business disaster relief forgivable loan program to assist covid 19 impacted businesses.
Boynton beach cra grants. As the demand grows for the boynton lifestyle the boynton beach cra has developed several grant programs that provide opportunities for new businesses to relocate or existing businesses to upgrade in the boynton beach cra district. Category 1 grants will be based on milestones and goals indicated in each applicant s grant application. Items eligible for funding. The cra improves deteriorated areas through revitalization efforts which improves the property values within the designated cra area and increases property tax revenues.
The selected grant recipient will receive 10 000 when they are selected followed by two separate payments of. Each category 1 grant will be a maximum of 20 000. Rfps rfqs itbs. In response to the economic impact on our businesses the city s department of economic development and strategy budgeted 60 000 and created the small business covid 19 relief forgivable loan program.
The commercial property grant program offers 15 000 to 50 000 to help businesses start or expand. Tif funding budget. Small businesses 25 or fewer employees located within the city of boynton beach excluding those within the cra district are eligible to apply for a grant up to 10 000. Applicants may be eligible for up to 15 000 in grant funding to assist with the cost of commercial interior construction or renovations.
Small businesses 25 or fewer employees located within the city of boynton beach excluding those within the cra district are eligible to apply for a grant up to 10 000. The city recognizes that small businesses have suffered substantial economic loss due to the covid 19 pandemic. The city s economic development strategy department has created the cdbg cares act small business grant program. Newsroom press releases.
Boynton beach insider. Meetings prior to aug 2017. Boynton beach cra grant program helps new and existing businesses with up to 50 000 to open or expand. Each full time equivalent fte job created is worth 5 000 00 in funding assistance from the city with a maximum grant award of 15 000.
Miranda christian wptv the boynton beach community redevelopment agency is helping new and existing businesses with a grant program. The boynton beach community redevelopment agency is governed by the cra board consisting of five elected officials. The program offers financial. The city s economic development strategy department has created the cdbg cares act small business grant program.
Downtown boynton beach is quickly becoming one of palm beach county s most popular waterfront destinations. Meeting minutes agendas.