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Roanoke News

Posted on: January 21, 2022

City of Roanoke Partners with Freedom First to Bring CDBG-CV Grants to Local Microbusinesses

ln response to the economic hardships experienced by microbusinesses resulting from the COVlD-19 pandemic, the City, in partnership with Freedom First, is launching a small business relief grant program utilizing the Community Development Block Grant - Coronavirus (CDBG-CV) federal funding. 

This is a grant program created in response to businesses that are at-risk of closing or laying off employees due to COVID-19, and its goal is to keep businesses open and retain or create jobs in the City.

To be eligible to receive a CDBG-CV Small Business Relief Grant, the business must be a for-profit small business in the City that will create and/or retain jobs for low-to-moderate income people in our region. CDBG-CV Small Business Relief Grants can be used to pay for a limited scope of expenses, such as:

  • Working capital such as wages, utilities, rent, etc.
  • Costs to comply with COVID-19 related CDC standards
  • Other costs that will enable the business to reopen (as outlined in the program qualifications)

Applications and further details can be found at www.freedomfirst.com/small-business-relief-grant. Completed applications and program questions should be emailed to [email protected] by 4 p.m. on June 1, 2022, or when funds are exhausted.

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