One-Time Grants for Small Businesses Affected by the COVID-19 Pandemic

In response to the COVID-19 pandemic, the City of Rio Vista is pleased to announce the Business Assistance Program will be accepting applications beginning September 22, 2023.  If eligible, assistance will be provided as a one-time grant from Community Development Block Grants-Coronavirus Housing Community Development funds awarded to the City.

Grant details:

• One-time grant, from $10,000 to $25,000
• Funds must be used for
  • Operating capital
    • Payroll, insurance, lease/mortgage payments, inventory, marketing, accounting, and/or supplies
• Payment only provided for actual incurred costs
  • Business must provide receipts of costs
• Application period opens: September 22, 2023
• To apply: Business Assistance Program

To be eligible for a grant, your business must meet the following requirements:

• Be a for-profit business
• Been in operation prior to March 2020
• Demonstrate economic impact from COVID-19 pandemic
  • Proof of loss of income (as demonstrated in 2019 & 2020 tax returns)
  • Attest that loss was a result of COVID-19 pandemic by describing how  your business was impacted by COVID-19 and attach any supporting documentation, if available, such as higher costs as a result of the pandemic, including rising costs of fuel, natural gas, food, healthcare, childcare or additional costs for masks and disinfection.
• Create/hold permanent jobs for low- to moderate-income (LMI) persons
  • Annual income <$64,050 (<80% AMI)
  • Employee does not have to be resident of Rio Vista
  • Job should not require more than 12 months of formal training/education
• Business must be physically located within Rio Vista city limits
• Possess a valid City of Rio Vista business license as of date of application
• Employ no more than 25 full-time equivalent employees
• Employ at least one W-2 employee
• City must receive all required documentation including completed application

The application and further information for these funds is attached.

Thank you for your work and dedication to the Rio Vista community. We look forward to hearing from you. If you’d like more information, or have questions, please reach out to: Austin Knudsen at austin.knudsen@mbakerintl.com.