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HomeMy WebLinkAboutExhibit SUBTHIS IS A SUBSTITUTED FILE. THE ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Covid-19 Micro -Enterprise Assistance Program Guidelines FILE NO. 7364 EXHIBIT SUB Micro -Enterprise Assistance Program Policies and Guidelin The City of Miami hereby establishes a Micro-Enterpris keeping micro -enterprises afloat due to the econo Enterprise Assistance Program, which will be administered Department of Housing and Community Development ("HCD [stance Program with specific goal of the Covid-19 virus. The Micro - he City of Miami ("City") II be capitalized using Community Development Block Grant ("CDBG") funds authorized ci rr 24 CFR 570.201(o). Under this category, grantees and other public and private organizations: may use Community Development Block Grant (CDBG) funds to facilitate economic development through the establishment, stabilization and ex . on of micro -enterprises. Purpose The goal of the Micro -Enterprise Assist business owners with financial assistance months due to the effect of Covid-19 in the benefit through the retention of jobs and busin Eligible Use of Funds o provide low to moderate income business stabilization in the next 3 unity. Fun "re provided to create economic yes in the City. if Grant Conditions or a confirmation of exempt status has to be issued ds. • Funds will be allowed to be used exclusively for expenditures that will allow the business to remain feasible for the next three months. Such expenses includes but not limited to the following: • Rent (lease required) • Salaries of current employees (Payroll register required) • Payment of utilities, licenses and insurance. (Bills required) 1 • Any other eligible expense that meets the objective of the program Ineligible Use of Funds Expenditures not allowed under this program include, but are not limited to, the following items: • Construction/Rehabilitation • Vehicle Purchases/Leases • Security Deposits • Outstanding Debts or paying off a creditor 4f the business owner/business • Late Fees unless it is related to an eligtb . ' pense • Paying of any tax lien or liability. Eligibility Criteria A business owner/business may qualify for consideration proves t meets the following criteria: • Business is for • Business mu • Business is define the County Mayor or e City of Miami ssential business and ordered closed by Executive Order of • Business must be a Mic terprise as fined below: a. Operating business hin five or fewer employees, one or more of these (employees) owns the b ass. b. Business owner must have an income less than or equal to 80% of the area median income, adjusted for family size (see income chart in page 3). • Applicant must be current in all financial obligations with the City of Miami. The City of Miami will not fund a business owner or a business with outstanding disallowed costs, defaulted loans, debarment actions or any other legal encumbrance, regardless of the merits of the submitted application. • Business is an equal opportunity employer. • Applicant must be willing to comply with all regulations, guidelines and policies as they relate to the program. 2 Required Information It is necessary that applicants and/or business owner(s) submit documentation along with the program application supporting requirements listed below. Failure to do so will disqualify applicants and/or business owner(s) from this program. 1- Proof of Income: Business owners with low and moderate income households qualify for this program. Those levels are defined as incomes equal to or Tess than the U.S. HUD Section 8 income limits established by HUD annually Applicants must submit documentation showing "` die meet low to moderate income pp g��� Y household requirements listed below. MIAMI- DADE FY2019 Median Family Income: $54,900 The FY 2019 Income Table are as follows: Program 2- Proof at o will disq One Person Two Person Three arsons Four Persons Five Persons Six Persons even lsons Eight Persons tuber of employees: It is necksary for Applicants to submit documentation e business employs 5 or le smployees (including the owner). Failure to fy applicants from this program. 3- Pt tif of location off business is located in this pro b usmess: Applicants must submit documentation showing that the 4- Proof that business is the business is program. City of Miami. Failure to do so will disqualify applicants from rofit: Applicants must submit documentation showing that fit entity. Failure to do so will disqualify applicants from this 5- Duns & Bradstreet Number: All business owners must provide a Duns & Bradstreet Number in order to receive funding through this program. If your business does not currently have a Duns & Bradstreet Number, you may attain one free of charge, here: http://fedgov.dnb.com/webform In the event an application is submitted without all required documentation, the applicant will be notified within 5 business days of submission. Applicants will then have 5 business days to 3 submit all missing required documents. If the applicant fails to submit all required documentation within 5 business days of notification, his or her application will not be considered for funding through this program. Other Program Requirements: • If recommended for funding, Business Owners will be required to sign a contract with the City of Miami. The contract term will be for o. r1) year, with the City of Miami retaining the option to renew or extend the a went with the owner/business for an additional year, subject to satisfactory eormance, available funding, and ongoing community needs. • The application must be submitted in the legal nam ' he applicant (ie. Name of business owner(s), corporation name as registered wit a Florida Department of State, Division of Corporations, etc.). • For Corporations, information demonstrating that the corporation_Zhas an "Active" status in the Florida Department of State, Division of Corporations • The business owner or a authority to bind the orga applications. z,�representative of the corporation who has legal ed a contract with the City of Miami must sign • Submission of an application shall onst ac nowledgement and acceptance of all terms and conditions contained 1 guidelines aid the application. Acceptance of an application does not constitute ntract and does not obligate the City to award funds. y require additional inform on for the determination of the applicant's ualifica pplication res"� lications tha cic required atta rejecter • Businesse all the valid and applicable City of Miami and Miami -Dade County busing - es (occupational license and certificate of use) and any other professional lic _- s. If the business does not have the appropriate licenses when this contract is executed, then they must be obtained. Applicants can utilize this grant (if awarded) to obtain said licenses. Applicants must provide copies of all these licenses to the Department. • All business owners selected to receive this grant must have a Duns & Bradstreet number. This number must be provided to the City before grant funds can be released. ses must comply with the requirements detailed in this document. incomplete, out of order, have an inadequate number of copies, ents, or have other content errors or deficiencies may be Non -recommended Applications 4 Applications will not be recommended or disqualified for approval for the following reasons: • Applicant did not provide documentation demonstrating that the eligibility criteria have been met. • Applicant did not provide income information for all members of household. • Owner(s) did not provide income information. • The business is not located in the City of Miami. • If the grant will provide funds for speculation in any kind of property, real or personal, tangible or intangible; • If the applicant is a charitable institution or non-profit enterprise: • If the purpose of the grant is to finance the acquisition of real property or land. • If the Applicant and/or its principals are in ted to the City of Miami. • If the Applicant and/or business owner have been debarred from doing business with kzY federal, state, county or local govern eats • Lack of funds. Application Fee There will be no application fee. Appeal Process Applicants will h applicant to appea time for consideration second time, no further ap Grant Approval days from the receipt of the letter not recommending the The applicant can provide additional documents at that ommittee. If the applicant is not recommended a rained. The Department of Housing and ` Community Development will evaluate the Micro - Enterprise Assistance grant applications. The evaluations will be conducted by utilizing the Scoring Criteria below in order to make funding recommendations based upon the applications submitted. The grant applications will be approved on first come, first ready, first served basis, subject to the availability of funds. 5 Scoring Criteria Complete Program Applications will be evaluated upon the quality of the response provided to each question. Incomplete applications that do not contain all required supporting documentation will not be evaluated. All complete program applications will be evaluated as follows: Maximum Points 1. Business Information a. Stability — Length of time the business been inoperation 10 5 years or more —10 points 2-4 years —7 points 1 year —5 point b. Business has the potential to withstand the current economicturn based on their past tax returns`F10 c. Applicant clearly describedthe grant funds will be used to maintain the busine for nc 3"months 10 d. Proposed use of funds ap ars reason ble and necessary 10 for the business, as described withi application oints points 2. Alicant s experienced in the business activity described Iication 10 years or more —10 points 7-9 years — 7 points 4-6 years —5 points 2-3 points — 3 points 1 year-1 point <1 year — 0 points 10 Total : 50 Minimum Score Required for Consideration: 35 6 SUBSTITUTED. Covid-19 Micro-Enterpr':e Assistance Program Gui• elines SUBSTITUTED. Micro -Enterprise Assistance Program Policies and Guidelin The City of Miami hereby establishes a Micro-Enterpris keeping micro -enterprises afloat due to the econo m ec Enterprise Assistance Program, which will be administered Department of Housing and Community Development ("HCD Community Development Block Grant ("CDBG") funds author' Under this category, grantees and other public and private o Development Block Grant (CDBG) funds to facilitate ec establishment, stabilization and ex on of micro -enter Purpose The goal of the Micro -Enterprise Assist business owners with financial assistance months due to the effect of Covid-19 in the benefit through the retention of jobs and bus Grant A Maxin . Eligible Use of Funds am with specific goal of vid-19 virus. The Micro - City of Miami ("City") ill be capitalized using ed urr 24 CFR 570.201(o). ganizations may use Community nomic development through the ises. stance Pro the o provide low to moderate income business stabilization in the next 3 unity. Fun "re provided to create economic Rs in the City. ant Conditions or a confirmation of exempt status has to be issued ds. • Funds will be al •wed to be used exclusively for expenditures that will allow the business to remain fe..ible for the next three months. Such expenses includes but not limited to the followi • Rent (Iee required) • Safari : of current employees (Payroll register required) • Pa ent of utilities, licenses and insurance. (Bills required) 1 SUBSTITUTED. • Any other eligible expense that meets the objective of the program Ineligible Use of Funds Expenditures not allowed under this program include, but are not limited to, th ollowing items: • Construction/Rehabilitation • Vehicle Purchases/Leases • Security Deposits • Outstanding Debts or paying off a creditor 4f the business ' wner/business • Late Fees unless it is related to an eligtb . pense • Paying of any tax lien or liability. Eligibility Criteria A business owner/business may qualify for consideration prov ` °t meets the following criteria: • Business is for • Business mu • Business is define the County Mayor or • Business must be a Mic iami business and ordered closed by Executive Order of fined below: a. Operating business five or fewer employees, one or more of these (employees) owns e b ass. b. Business owner st have an income less than or equal to 80% of the area median income, adjust = • for family size (see income chart in page 3). • Applicant must be current in all financial obligations with the City of Miami. The City of Miami will not fu d a business owner or a business with outstanding disallowed costs, defaulted loans debarment actions or any other legal encumbrance, regardless of the merits of the bmitted application. • Business is . equal opportunity employer. • Applicant ust be willing to comply with all regulations, guidelines and policies as they relate t► the program. 2 SUBSTITUTED. Required Information It is necessary that applicants and/or business owner(s) submit documentation along with the program application supporting requirements listed below. Failure to do so will disqualify applicants and/or business owner(s) from this program. 1- Proof of Income: Business owners with low and moderate income households qualify for this program. Those levels are defined as incomes equal to or Tess than the U.S. HUD Section 8 income limits established by HUD annually Applicants must submit documentation showing "` die meet low to moderate income pp g��� Y household requirements listed below. MIAMI- DADE FY2019 Median Family Income: $54,900 The FY 2019 Income Table are as follows: Program 2- Proof at o will disq One Person Two Person Three arsons Four Persons Five Persons Six Persons even lsons Eight Persons mber of employees: It is nectsary for Applicants to submit documentation e business employs 5 or le smployees (including the owner). Failure to fy applicants from this program. 3- Pt tif of location off business is located in this pro b usmess: Applicants must submit documentation showing that the 4- Proof that business is the business is program. City of Miami. Failure to do so will disqualify applicants from rofit: Applicants must submit documentation showing that fit entity. Failure to do so will disqualify applicants from this 5- Duns & Bradstreet Number: All business owners must provide a Duns & Bradstreet Number in order to receive funding through this program. If your business does not currently have a Duns & Bradstreet Number, you may attain one free of charge, here: http://fedgov.dnb.com/webform In the event an application is submitted without all required documentation, the applicant will be notified within 5 business days of submission. Applicants will then have 5 business days to 3 he applicant (ie. Name of Florida Department of ust comply with the requirements detailed in this document. incomplete, out of order, have an inadequate number of copies, hinents, or have other content errors or deficiencies may be rejecte • Business •uld jv all the valid and applicable City of Miami and Miami -Dade County bus e - es (occupational license and certificate of use) and any other professio .I lic _- s. If the business does not have the appropriate licenses when this con act is executed, then they must be obtained. Applicants can utilize this grant (if aw-- rded) to obtain said licenses. Applicants must provide copies of all these lice es to the Department. • Al business owners selected to receive this grant must have a Duns & Bradstreet umber. This number must be provided to the City before grant funds can be released. SUBSTITUTED. submit all missing required documents. If the applicant fails to submit all required documentation within 5 business days of notification, his or her application will not e considered for funding through this program. Other Program Requirements: • If recommended for funding, Business Owners will be require to sign a contract with the City of Miami. The contract term will be for o . r1) ye . r, with the City of Miami retaining the option to renew or extend the a went ith the owner/business for an additional year, subject to satisfactory eformce, available funding, and ongoing community needs. • The application must be submitted in the legal business owner(s), corporation name as registe State, Division of Corporations, etc.). • For Corporations, information demonstrate that the corporatioo,has an "Active" status in the Florida Department of State, r ivision of Corporations • The business owner or a authority to bind the orga applications. zed re . esentative of the corporation who has legal contract with the City of Miami must sign • Submission of an application shall onst acknowledgement and acceptance of all terms and conditions contained uidelines aid the application. Acceptance of an application does not consti ntract and does not obligate the City to award funds. y require addi - onal inform on for the determination of the applicant's u a I ificar s..;. pplication resp" lications tha acic required att Non-r commended Applications 4 SUBSTITUTED. Applications will not be recommended or disqualified for approval for the following reasns: • Applicant did not provide documentation demonstrating that the eligibility cr' eria have been met. • Applicant did not provide income information for all members of househ• d. • Owner(s) did not provide income information. • The business is not located in the City of Miami. • If the grant will provide funds for speculation in any kind of pro ' erty, real or personal, tangible or intangible; • If the applicant is a charitable institution or non-profit enterp se: • If the purpose of the grant is to finance the acquisition of r- :I property or land. • If the Applicant and/or its principals are in bted to the y of Miami. • If the Applicant and/or business owner have been d •arred from doing business with federal, state, county or local govern eras • Lack of funds. Application Fee There will be no application fee. Appeal Process Applicants will h applicant to appea time for consideration second time, no further ap Grant Approval A Micro -Enterprise Assistce approval committee(s) will be created to evaluate the grant applications. The com tee will be made up of three (3) members who will make funding recommendations based upon the applications submitted. om the receipt of the letter not recommending the applicant can provide additional documents at that ommittee. If the applicant is not recommended a rained. The grant applicat'•ns will be approved on first come, first ready, first served basis, subject to the availabilit of funds. 5 SUBSTITUTED. Scoring Criteria Complete Program Applications will be evaluated upon the quality of the respo ' se provided to each question. Incomplete applications that do not contain all requir-d supporting documentation will not be evaluated. All complete program applications will be evaluated as follows: Maximum Points 1. Business Information a. Stability — Length of time the business es been in peration 10 5 years or more —1points 2-4 years —7 poin 1 year —5 poin b. Business has the potential to withstand t►e current economicturn based on their past tax returns`F10 c. Applicant clearly describedthe : ant funds will be used to maintain the busine r next months 10 d. Proposed use of funds ap for r- sopbfe and necessary 10 for the business, as described;;; thi` application oints points 2. Alicant s experien -d in the business activity described 10 Iicatin 10 years or more —10 points 7-9 years — 7 points 4-6 years —5 points 2-3 points —3 points 1 year-1 point <1 year — 0 points Total : 50 Minim m Score Required for Consideration: 35 6