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HomeMy WebLinkAboutCRA-R-20-0017 COVID-19 Emergency Grant ApplicationA ..' Omni CRA Omni CRA COVID-19 Emergency Microgrant In response to the COVID-19 epidemic and Miami -Dade Emergency Order 03-20 and 07-20, closing all non -essential businesses and limiting the activities in businesses allowed to remain open, the Omni CRA has appropriated $1,000,000 to be used for immediate relief of economic distress for small businesses. This funding will be made available as a grant of up to $25,000 for eligible businesses, and can be applied to mitigate costs associated with the pandemic. Because the CRA has previously engaged in an extensive campaign to foster walkable ground -floor activations, particularly focusing on retail, restaurants, and other businesses that depend on foot traffic which are heavily impacted by COVID-19 quarantines and closures, these businesses are particularly vital to the healthy redevelopment of the neighborhood. In accordance with Florida Statute 163 Part III, the grants are not available to businesses outside of the CRA redevelopment area. The goal of the program is to provide businesses located within the CRA redevelopment area with immediate financial relief to avoid the blighting influence from permanent closures due to temporary coronavirus restrictions. These grants will provide financial assistance to help small businesses with meeting basic obligations such as rent, payroll and utilities, and to remain viable over the term of Emergency and during the Reopening. This grant aims to help leverage other public assistance programs and private dollars, encourages businesses to maintain their labor force during lockdown and after the Emergency Order is lifted. Omni Community Red eve lopmentAgency • Alex Diaz de la PortiIla, Chairman • Jason Walker, Executive Director 1401 N. Miami Ave., 2nd Floor, Miami, FL 33136 • www.omnicra.com • 305.679.6868 r Omni C R A COVID-19 Emergency Microgrant SMALL BUSINESS COVID-19 EMERGENCY GRANT APPLICATION Applicants must meet the below criteria: O Locally owned and independently operated O Physically established within the Omni CRA Redevelopment Area (Check if your business address meets eligibility) O Be an Eligible Business, including, but not limited to: ■ Independent restaurants, (includes full -service, limited service, and cafe establishments) ■ Hotels/motels ■ Bar/nightclub ■ Small retail ■ Galleries ■ Hair, beauty, and other personal services (salons / spas, barbers, massage therapist, tattoo, etc.) ■ Cleaning and laundry services ■ Fitness centers and gyms ■ Personal care services (child/daycare, disabled, & elderly care services, funeral services, etc.) ■ Event spaces & services (event planners, caterers & staffing agencies, coworking spaces) O Been opened and operational for a minimum of one year O Have applied for one or more of the SBA financial products targeted to COVID-19 relief, if eligible O Have 50 employees or fewer O Affirm a loss of revenue due to COVID-19 Omni Community Redevelopment Agency • Alex Diaz de la Portilla, Chairman • Jason Walker, Executive Director 1401 N. Miami Ave., 2nd Floor, Miami, FL 33136 • www.omnicra.com • 30S.679.6868 2 r Omni CRA COVID-19 Emergency Microgrant To receive funding through this program, each business will be required to clearly articulate a plan for utilizing CRA funds for an eligible use. The grant award can be used for the following: O Commercial Lease payments with documentation of attempted deferral of lease payments. O Commercial Mortgage and high interest loan payments with documentation of attempted deferral of repayment. O Employee Salary and Benefits and funding existing Payroll or rehiring of staff which were laid off or furloughed due to COVID-19 quarantines O Other Sales, General, and Administrative expenses (SGA) deemed critical for business operations O New equipment needed to assist the business to a temporary digital or takeout transition (e.g. webcams for virtual trainings, software licensing for videoconferencing, etc.) O Utility payments Further stipulations of the Grant O Recipients only use the funding on business location(s) within the Omni CRA redevelopment area O Business may not issue any shareholder dividends for one year after reception of grant O The business is required to remain open for the period of the Emergency, if possible O The recipient of the grant must keep detailed records of the use of the funding, which shall be mailed to the CRA at the end of the loan period O If appropriate the business may be requested to provide in -kind services to the CRA for redevelopment efforts, at a later date Omni Community Redevelopment Agency • Alex Diaz de la Portilla, Chairman • Jason Walker, Executive Director 1401 N. Miami Ave., 2nd Floor, Miami, FL 33136 • www.omnicra.com • 305.679.6868 9 '06= il`�. Omni C R A COVID-19 Emergency Microgrant Contact Name Contact Mailing Address Contact Telephone Contact Email Property Owner Name Business Address Start of Business Date Employees Jan 1, 2020 Total Retail (Sq. Ft.) Remaining Employees Description of the business Omni Community Redevelopment Agency • Alex Diaz de la Portilla, Chairman • Jason Walker, Executive Director 1401 N. Miami Ave., 2nd Floor, Miami, FL 33136 • www.omnicra.com • 305.679.6868 EI '06= il`�. Omni C R A COVID-19 Emergency Microgrant Required documentation: O State of Florida business registration with Current Status from the Florida Division of Corporations O Most recent Annual or Quarterly Balance Sheet or Profit & Loss Statement O Current City of Miami Business Tax Receipt O Full employee list (as of January 31, 2020 and date of application) O Copy of most recent Utility Bill statement or current General Liability Insurance Policy. O W-9 O Completed ACH Form Omni Community Redevelopment Agency • Alex Diaz de la Portilla, Chairman • Jason Walker, Executive Director 1401 N. Miami Ave., 2nd Floor, Miami, FL 33136 • www.omnicra.com • 305.679.6868 5 Omni C R A COVID-19 Emergency Microgrant As a current business owner in this community who has suffered a loss of revenue due to the COVID- 19 pandemic, and closures resulting thereof, I wish to participate in the OMNI CRA COVID-19 EMERGENCY MICROGRANT PROGRAM. I understand that this application does not imply acceptance in the program and, that my application is reviewed by the CRA for possible approval. I acknowledge that I have received a copy of the Grant Program Procedures and will comply with all requirements should I be awarded a grant. Signature / Print Name for Business Owner Name Date Omni Community Redevelopment Agency • Alex Diaz de la Portilla, Chairman • Jason Walker, Executive Director 1401 N. Miami Ave., 2nd Floor, Miami, FL 33136 • www.omnicra.com • 30S.679.6868 A '06= il`�. Omni CRA COVID-19 Emergency Microgrant Applications will may be disqualified for approval for the following reasons: O Applicant did not provide documentation demonstrating that the eligibility criteria have been met. O Grant would not support redevelopment of the CRA O The business is not located in the Omni CRA Redevelopment Area. O The grant will provide funds for speculation in any kind of property, real or personal, tangible or intangible; O If the applicant is a charitable institution or non-profit enterprise: O If the purpose of the grant is to finance the acquisition of real property or land. O If the Applicant and/or its principals are in debt to the City of Miami. O If the Applicant and/or business owner have been debarred from doing business with federal, state, county or local government. O Lack of funds. OFFICE USE ONLY Date Received: Approved / Denied Omni Community Redevelopment Agency • Alex Diaz de la Portilla, Chairman • Jason Walker, Executive Director 1401 N. Miami Ave., 2nd Floor, Miami, FL 33136 • www.omnicra.com • 305.679.6868 7