liftfund harris county grant

As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? Desde 1998, LiftFund ha proporcionado ms de $68.7 millones de dolares en capital y ms de 4.300 prstamos comerciales a propietarios y emprendedores de pequeas empresas del este de Texas, de los cuales el 81% son negros, indgenas y de color (BIPOC), el 65% son individuos de bajos a moderados . As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. The county has approved a $30 million relief fund to support small businesses recovering from the COVID-19 pandemic. If selected, do I have to pay the grant back? 2010 - Jun 20122 years. <> Register Email You are welcome to get assistance in completing the application from a third party, however, the business owner should submit their own application and the contact info listed should be for the owner. LiftFund supports hard-working small business owners access money and resources they need to grow their business. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 Startup loans. 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 . LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. Comcast RISE. Additionally, please uploadoneof the two options below to the application: The amount you are eligible for is based on the number of full time equivalent (FTE) employees you have. Your DecisionWell assess your application and documents to make a decision. The annual revenue amount will only be reviewed for the location listed on the application and not the total of all businesses owned by the applicant. We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. A list of our partner agencies and their contact information can be found, Yes. Eligible small business owners may apply for financial support in the form of grants ranging from $5,000 to $25,000 to advance their recovery from the economic setbacks caused by the COVID-19 pandemic. The Fort Bend County Commissioners Court has approved a small business emergency grant program to assist businesses impacted by Covid-19. by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. Bexar County Small & Micro Business COVID-19 Relief Grant Program is a new fund to provide emergency relief to small businesses struggling under the financial impact of COVID-19. 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. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. If my revenue was less than $500,000 in either 2019 or 2020 but greater than $500,000 in the other year, am I eligible? Is the $500,000 annual revenue limit based on gross or net revenue? As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. However, businesses and/or projects considered special purpose require an additional 5% from the owner. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. The Small Business Relief Fund was created with funding from the American Rescue Plan Act and is being administered by LiftFund, a nonprofit organization that supports small business owners with funding and business education. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. If I received Harris County assistance last year, am I eligible to apply for the grant? Is this program different from the City of Houston's grant program? } With little/poor credit or financial history, getting a loan seems impossible. KKR Small Business Builders. Thursday, September 23 at 12:00 pm. Grant Eligibility Criteria. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. Sign up for our email newsletter to receive important updates regarding Texas veterans and TVC. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. You will have 2 days to sign and accept the grant. Business Development Officer, VP - Dallas (Large Loans) Category. Referred To County Affairs Mar 01 2023: HB 3072 (88th Legislature (2023)) Relating to the determination of the best interest of a child in certain suits affecting the parent-child relationship. The message will come from a LiftFund email address. The grant application will require verification of pertinent documentation. As a Certified Development Company (CDC), LiftFund administers the SBA's 504 loan program in Texas. ARHP a pplications are available to all interested and eligible applicants (as outlined in the application) from September 28, 2022, to November 3, 2022 or until available program funding is fully allocated. 1054 Grant Harris Rd. LiftFund tiene races profundas en el condado Harris y es un defensor de nuestra comunidad. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. She was recently appointed to the U.S. Treasury Committee for Racial Equity to advise Secretary Yellen on efforts to improve financial inclusion for communities of color. 820 Grant Harris Rd. SSBCI was established in 2010 and then recently . Business and financial training. The only thing standing between small business owners and success is often a lack of capital. 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. Applications will be accepted from Monday. This program puts funding directly into the hands of small businesses and nonprofits to help them strengthen the families and neighborhoods of our county, says County Judge Wolff. Check this, Must have 30 or fewer employees (including part time, contractors and full-time employees and owners), Experienced negative impact on operations due to the pandemic, Annual revenue of less than $500,000 dollars in 2019 and 2020, Be in good standing Texas Comptrollers office with no outstanding tax obligations or liabilities, Grant applicants are only eligible to receive one grant award, Only one grant may be awarded per business with more than one location, Limited to one grant per physical address within Harris County, Drivers license or government-issued photo ID, Proof of business registration with Harris County or TX Secretary of State, Q1 2021 941, payroll report or 1099 to verify number of employees. Learn more about our special funding options and apply today! LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. To learn more about industry prioritization, click here. Apply and SubmitReview the list of information you need to apply through LiftFund and make sure you have all necessary documentation. Ebony Harris has a special way with children its a gift. 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. All grants will be awarded by January 2022. Services include Small Business Support. Businesses use these loans to finance fixed asset acquisitions such as: Some furniture and fixturesBusinesses in operation for 2 or more years can also use 504 loans to refinance existing debt that meets the following criteria: The graph to the right shows how LiftFund partners with a participating lender (typically a bank) to finance part of the project. #nf-form-28-cont .nf-row { Depending on how you spend your funds, you may add new tax deductions that help lower your income tax liability. Harris County Commissioners approved the program on August 10 and businesses will be able to apply starting September 20 via a new website that will be linked from the county site. Yes. Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. How. LiftFund COVID Grants Assistance Form. We can help. A list of our partner agencies and their contact information can be found here. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Get Hired! Eligible small businesses applying or receiving support from other City or County program are able to apply for this program. 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 . Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. Our goal is to make sure we provide capital that meets goals and budget. Do Not Sell or Share My Personal Information. Harris County to launch $30M small-business relief fund Sept. 20. Somewhat Unlikely . The application window for Harris County's new $30 million Small Business Relief Fund opened Sept. 20 and will close Oct. 4 at 5:30 p.m. The application period opens Monday, July 13, 2020 and closes on Monday, July 27, 2020 with $24.7 million available. 3 0 obj We are proud to partner with local community organizations collaborating as partners. endobj 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. 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. Can those be counted? The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. No, you may only submit one application for one business. Grants will range from $5,000 to $25,000. You need capital that can support you a loan that can help you grow your business so you can prove your success and qualify for a bank loan. We provide loans and resources to budding and established business owners; our clients are minority, women, veteran, and startup and established business owners. Harris County and LiftFund are offering one more webinar to provide an overview of the grant program, eligibility guidelines and more information about how to apply. Dj, Philanthropist, & TV Reality Personality, Zelma T. Lee, is better known to fans as DJ Supastar. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Were a partner with SBA and the program funds startups and existing businesses, startup costs, operating expenses, business acquisition, refinancing business debt, tenant improvements, working capital, equipment purchases and more. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. Registered as a business operating in Harris County, Must have 30 or fewer employees (including part-time, contractors and full-time employees and owners), Experienced negative impact on operations due to the pandemic, Annual revenue of less than $500,000 dollars in 2019 and 2020, Be in good standing with the Texas Comptrollers office with no outstanding tax obligations or liabilities. Both programs are set to start receiving applications in early January. If youve been unable to obtain small business financing through traditional means, LiftFund is here to help. SBA COVID-19 Relief Options. The personal sacrifices that small business owners make day in and day out for their community are huge and we owe it to them to support them as we make it through the COVID-19 crisis and the associated economic challenges.. liftfund requirements. However, businesses and/or projects considered special purpose require an additional 10% from the owner. No, businesses must submit both the 2019 and 2020 business tax returns to be considered,unless the business was registered and began operating in January March 2020, in which case the 2019 return is not required. Grant applicants are only eligible to receive one . LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. If you are a small business owner that live in Harris County, and was affected by the pandemic, then hit the link below to apply for FREE GRANT money . Assisted in routine inspections, surveys, and complaint investigations. Full Bio. The application review period will start on October 5, 2021 and continue through January 9, 2022. Advantages of the Micro and Small Business Loans Program. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. 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. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. If I am not eligible for this grant, are there any other resources for me? How to do I prove how many employees I have if I hire 1099 contractors? .nf-form-content .nf-field-container #nf-field-321-wrap .nf-field-element li label { Apply Online:www.liftfund.com/tvcdigital, Texas Veterans Commission Please refer to the Scope of Work for additional information. Advantages of the SBA 7(a) Community Advantage Loans Program. 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. Partners include bankers, small business owners, referral partners and expert consultants, and more. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? If you file an 1120-S, use Line 1. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. Be prepared to share this information during the application process. For more information, or to get information for the Harris County Business Relief program in Spanish or Vietnamese, please visit https://www.harriscountybusinessrelief.org/, 2023 Impact Hub Houston - houston.impacthub.net - 1801 Main St, 10th Floor, Houston TX 77002 - #HOUimpact, Harris County has created a new $30 Million Small Business Relief Fund. 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. We want to thank Judge Wolff and the County Commissioners for bringing this program to life. Once I submit my application, can I confirm LiftFund received it? 2 0 obj You can view the list of prohibited NAICS codes here. 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. If I received a PPP or EIDL loan can my business still qualify for the program? Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. Yes, we will calculate the number of full time equivalent (FTE) employees, including 1099 workers. Harris County Commissioners and LiftFund have seen firsthand the alarming impact that the Small business loans in Houston, TX up to $500,000. font-size:12pt; The application process for the $30 million Harris County Small Business Relief Fund is now open. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC In 2020, LiftFund provided over $98 million in relief funding, including zero-to-low interest rate loans and grants, to small business owners across its 15-state footprint including over $6.1 . Register here. 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. 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. How will you verify my physical business address? For your convenience, services are being provided in-person, online, & by phone. The team was dedicated to finding a way to use American Rescue Plan Act funding to provide direct economic relief for community businesses still struggling with the effects of the pandemic. 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. Chica Verdes mission is to bring a bit of warmth and green into the life of its customers, who are the center of the business. Then, apply and submit all of your documents. Small businesses in the county that found themselves affected by COVID-19 will soon be able to apply for a grant of up to $25,000. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . 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. Businesses must not have any outstanding tax liabilities. . Thank you. If my business opened after April 2020, can I apply? Applications will be assessed and scored using the following methodology. adam carlyle taylor accident. If I have more than one business, how is the annual revenue amount calculated? Prepare and GatherKnow your business goals and needs. Apply here. We can be reached by phone at 888-215-2373, by email at sbgrants@liftfund.com or you can submit a question online. No, revenue must be less than $500,000 in both 2019 and 2020. If I have 2 businesses, can I submit an application for each? Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. There are also some exceptions. 2020 at 5:00 PM CST. How many businesses will be assisted through this program? How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. Applications will be accepted from Monday. The only thing standing between small business owners and success is often capital. font-size:12px; Ebony Harris has a special way with children its a gift. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . Applications must be done online. Is negative impact on operations due to the pandemic based on gross or net revenue? My business was registered and began operating in January March 2020. 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. Yes, as long as your business is registered with a DBA and you filed a ScheduleCin 2019 and 2020 for your business. SAN ANTONIO (December 6, 2022)Bexar County announced last week that the Bexar County Assistance Program will offer $20 million in COVID relief grants to small businesses and nonprofits in January of next year. You will need to submit your 2020 tax return. Get updates, toolkits and timely information about the virus and its economic impact. Create a meaningful impact and drive change in Houston. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. Judge Lina Hidalgo held a press conference on Tuesday, August 10, 2021, to announce a proposal for a new $30 million relief fund to support micro and small businesses recovering from the economic . . Pricey, but great for a date. LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. We will contact you by phone or email if additional documentation or clarification is needed. Upon graduating, Sophies aunt encouraged her to pursue an ASL career and follow her passion of bridging the gap between the deaf and hearing communities. Upon graduating, Sophies aunt encouraged her to pursue an ASL career and follow her passion of bridging the gap between the deaf and hearing communities. Were here to help you strengthen your business. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. The application process is not first-come, first-served; all completed applications will be reviewed for eligibility and prioritized based on small business impact parameters. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . I have not yet filed my 2020 tax return. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. 766 Grant Harris Rd. Please attached copies of your 2020 1099s in the application or submit a payroll report. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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 . Houston, Texas Area. More information about the partner organizations can be found, You will receive a confirmation email from. For more information about LiftFund, visit www.LiftFund.com. text-align:center; }, West Texas Region, Alamo Region, South Texas Region, East Texas Region, North Texas Region, Anderson County, Angelina County, Aransas County, Bee County, Bell County, Bexar County, Collin County, Dallas County, Denton County, El Paso County, Fort Bend County, Grimes County, Harris County, Henderson County, Hood County, Kleberg County, Nueces County, San Patricio County, Starr County, Tarrant County, Travis County, Victoria County, Waller County, Webb County, Willacy County, Williamson County, Wood County, New TVC Grants Portal For 2023-24 Funding Year, Governing Documents for the 2023-24 Funding Opportunity, Veterans County Service Officer-Administered Projects. On August 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. . County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. You can also attend one of our free upcoming seminars www.liftfund.com/events. The grant funds will be awarded monthly beginning in November 2021 and through January 2022. Apply Home; RFA Questions & Answers; New TVC Grants Portal For 2023-24 . .nf-form-content .nf-field-container #nf-field-315-wrap { Source: LiftFund. Join the LiftFund family as a client today. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Get the latest COVID-19 guidance and information via our resources page. Most projects require a 50-40-10 split. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. For more information about LiftFund, visit www.LiftFund.com. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. Many grants specifically for veterans are non-taxable. . info@tvc.texas.gov. Running a small business is a huge challenge, even during the good times, Hidalgo said in announcing the fund. San Antonio-based community lender LiftFund was selected to administer the . You will be asked to submit a current business utility bill as part of the application. - Reporter, Houston Business Journal. 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. Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. %PDF-1.7 920 Grant Harris Rd. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . County Judge Lina Hidalgo recently discussed the start of the Harris County Small Business Relief Fund application period, where eligible companies can apply for grants between $5,000 and $25,000 until October 4, 2021. We provide loans and resources to budding and established business owners. The fund was approved to support small and micro businesses who have . /* FIELDS STYLES */ Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. 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. Available for start-up and existing businesses; SBA guarantee allows us to provide financing; Cash flow must be sufficient for payments; Owner Injection: 20% startups, 20% business acquisitions; Projections reviewed for businesses affected by COVID19; More than 50% of workforce is low-income, or resides in LMI census tracts, 51% or more owned by veterans, active duty military participating in the militarys Transition Assistance Program (TAP), reservist or National Guard member or a spouse of any of these groups, 51% or more owned by a widowed spouse of a service member who died while in service, or a widowed spouse of a veteran who died of a service-connected disability, Current on all payments for the last 12 months, It was used originally (85% or more) to finance eligible 504 uses (see above). The application review period will start on October 5, 2021 and continue through January 9, 2022. Assistant Director Senior Programs. Please check spam and trash in case it was blocked. To be eligible, you must meet the following criteria: Businesses that dont meet the above criteria, but fulfill certain other guidelines, may also qualify: Apply Now for an SBA 7(a) Community Advantage loan. How Small business loans in Houston, TX up to. The SAHCC is proud to continue our advocacy efforts with our partners at LiftFund, and grateful to our county leadership for their support of our small business community, said SAHCC President & CEO, Marina Gonzales. Applications with the highest scores will be reviewed and approved first. More about these services:www.liftfund.com . Nov 14 2022 SAN ANTONIO (December 6, 2022)-Bexar County announced last week that the Bexar County Assistance Program will offer $20 million in COVID relief grants to small businesses and nonprofits in January of next year. Here is the eligibility criteria, according to a news release from Hidalgos office: Copyright 2021 by KPRC Click2Houston - All rights reserved. Bexar County Small Business and Nonprofit Grants. P.O. We provide loans for: Whether you have limited credit, collateral or experience, our team will work with you to provide a loan that allows you to build your credit and improve your finances. Since 1998, LiftFund has provided over $68.7 million in capital and more than 4,300 business loans to East Texas small business owners and entrepreneurs, of which 81% are Black, Indigenous and People of Color (BIPOC), 65% are Low-to-Moderate Income individuals, 43% are women, and 24% are startups. No, the business must have been registered with the county or state and operating on or before April 1, 2020.

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