GRANT PROGRAM DESCRIPTION
The City of Independence
CDBG Local Small Business Assistance Program (Small Business
Program) seeks to assist businesses with 20 or fewer employees that have
experienced negative impacts because of the COVID-19 pandemic. Eligible businesses
will need to submit an application and supporting documentation demonstrating
the negative impact on their business as a result of COVID-19. If negative
impact is confirmed, they will be eligible to receive grants (from $5,000 to
$20,000) for rent, lease, or mortgage expenses. Businesses need to commit to retaining or creating jobs for low to moderate-income people. 51% or more of the full-time equivalent (FTE) jobs retained or created must be for persons from low to moderate-income households defined by HUD. Businesses receiving funding will also be required to report quarterly on their
status for a period of one year. Funding for this program is made available
through an additional allocation of Community Development Block Grant (CDBG)
funding through the CARES Act.
for the City of Independence, Missouri Small Business Program, applicants need
a completed application;
based in the City of Independence, Missouri limits, and have a physical brick
and mortar location in which they were located on or before March 1, 2020 (home-based
businesses are not eligible);
a for-profit corporation, LLC, partnership, or sole proprietorship (business
must be locally owned);
one (1) to twenty (20) full-time equivalent (FTE) employees;
to retaining or creating jobs for low to moderate- income people. 51% or more
of the full-time equivalent (FTE) jobs retained or created must be for persons
from low to moderate-income households defined by HUD;
the business is legally operating and current on State and Local taxes;
in good standing with the State of Missouri;
in good standing in the City of Independence, Missouri, including no unpaid
code enforcement liens or open code enforcement cases and not operating in
violation of any Federal, State, or local laws;
currently in bankruptcy and have not filed for bankruptcy in the last 12
no conflict of interest with the City of Independence, Missouri (e.g., City of
Independence elected officials and their immediate family members, or City of
Independence staff cannot have ownership or financial interest in the assisted
business, or be an employee of the assisted business); and,
demonstrate a loss of income since March 1, 2020, due to the necessary measures
to combat the COVID-19 pandemic.
Process for the City of Independence, Missouri Small Business Program:
business is woman- or minority-owned;
business can document the number of employees impacted by the potential grant funds,
or other criteria permissible by HUD and CDBG/CDBG-CV regulations and
business has ten (10) or fewer employees and $750,000 or less in annual
business is in an industry/sector deemed as “non-essential,” due to the
required response to the COVID-19 pandemic. These industries/sectors include,
but are not limited to, retail, food service, arts and entertainment,
hospitality, healthcare not directly involved in the COVID-19 response,
fitness, personal service, and transportation; and,
business is located in one of the lowest-income areas of the City of
Independence, Missouri, which are concentrated in the northern half of the city
where poverty rates range from 20-60%. These areas are predominately concentrated
in the areas west of Noland Road, as well as in Northeast Independence near MO-291
and 24-Highway where the Hawthorne Place multi-family subsidized apartment
complex is home to more than 600 very low-income families.
Non-profit organizations, medical offices, and home-based
businesses are not eligible. Eligible businesses cannot be corporately owned,
or publicly traded. Local franchises are eligible.
USE OF FUNDS
Funds from the City
of Independence, Missouri Small Business Program may be used to pay rent,
lease, or mortgage
expenses where the business operates, provided those costs
are not paid by insurance or by other local, State, Federal,
programs. Grant funds will be paid directly to the rent, lease, or mortgage
holder on behalf of the eligible business.
Grants may not exceed $20,000. Repayment is not required if all
conditions are met.
documents may be submitted in several ways:
and submit an online application with provide your documentation.
Online applications are available starting August 17, 2021 at
the fillable-form application and email with your documentation to email@example.com.
online submission is inaccessible or burdensome, please print, complete, and
mail the application with your documentation to: Independence Economic Development
Council, ATTN: City of Independence CDBG Local Small Business Assistance Program,
c/o CCF, 210 W Truman Rd., Independence, MO 64050. Application pick-up and
drop-off is also available at this location. If
you have been diagnosed or have been exposed to a person diagnosed with
COVID-19 in the last 14 days or are currently experiencing a fever, cough, or
sore throat—PLEASE DO NOT SUBMIT YOUR APPLICATION IN-PERSON.
completed applications with all required documentation will be considered for
The review and selection process will determine which businesses meet the
minimum eligibility and priority qualifications for funding. Applications that
meet the minimum eligibility and priority qualifications will be reviewed and
awarded based on greatest need. CCF reserves the right to make all award
AUGUST 17, 2021 – Application Period Opens (application
available at www.ccfkansascity.org/indepmo)
PM, THURSDAY, AUGUST 19, 2021 – Information Session / City
of Independence Local Small Business Assistance Program. Register online in
advance for this meeting: https://us02web.zoom.us/meeting/register/tZMsc--vrDIoGNYhveaa7bE44-ZQ3LPQB51O. After
registering, you’ll receive a confirmation email containing information for
joining the meeting.
17 – 30, 2021 – Socially distanced, in-person Office
Hours for applicants will take place at the Independence Council for Economic
Development – 210 W. TRUMAN RD., INDEPENDENCE, MO 64050.
– 9:00 a.m. to 5:00 p.m.
Thursday, August 19 – 9:00 a.m. to 5:00
Wednesday, August 25 – 9:00 a.m. to 5:00
Monday, August 30 – 9:00 a.m. to 5:00 p.m.
3, 2021 (by 11:59 p.m. CST) – Application Period Closes
6 – SEPTEMBER 30, 2021 – Application Review Period
OF OCTOBER 4, 2021 – Applicants notified of award, non-award
2021 TO SEPTEMBER 2022 – Quarterly reporting for awardees
CHECKLIST OF REQUIRED DOCUMENTS
Businesses that apply will be asked to provide documentation in two
tiers: 1.) the initial required paperwork and,
2.) additional paperwork requirements if deemed
eligible to receive payment. Other documentation may be requested.
to Determine Eligibility (All Applicants)
- Certification of Good Standing
from the State of Missouri
- Copy of lease, rental or
mortgage agreement for commercial location, including minimum monthly
- Copy of most recent quarterly payroll report
- Business financials, including: (The purpose for receiving these documents is to demonstrate reduction in revenue beginning March 1, 2020, or later.)
- For Sole Proprietors and
individual/single-owner LLCs: 2019 and/or 2020 Schedule C (Form
- For Partnerships: 2019 and/or 2020 Return
of Partnership Income (Form 1065) with all schedules and KI’s and 941’s
filed, most recent Annual Quarterly Balance Sheet or Profit & Loss
- For Corporations: (both C
and S) 2019 and/or 2020 1120 or 1120S Tax Return, 941’s, and/or a payroll
- IRS Form 941 from most recent quarter
- If the need cannot be determined from other
financial documents, bank statements should be provided for a comparable
three-month period in 2019, 2020, and/or 2021.
- If tax returns are not provided, year-end
payroll reports are required for 2019 and/or 2020.
- Income documentation for each person
in the position(s) you are pledging to retain or create (i.e.,
payroll reports, pay stubs, W-2’s).
The business owner must demonstrate the ability to retain jobs for
employees representing low- or moderate-income as defined by HUD.
documentation of the business owner, if business with 5 or fewer full-time
recent personal tax returns.
no recent personal tax returns, please provide income verification for
all members of the household (pay stubs, bank statements, other)
Required to Receive Payment
- W-9 form for business
- W-9 form for vendor to be paid (e.g.,
landlord, mortgage company)
- Confirmation of DUNS number
Based on the information provided, Community Capital
Fund and the City of Independence, Missouri will determine specific program
eligibility and conduct additional underwriting as required by HUD regulations
at 24 CFR 570.209(a), Guidelines and Objectives for Evaluating Project Costs
and Financial Requirements.
AGREEMENT BY GRANT GRANTEE
The grant recipient will need to sign an agreement between
Community Capital Fund and the business, committing to program requirements.
Grant recipients will be required to submit quarterly reports for
one year after receiving funding from the second round to ensure job retention.
quarterly reports will include use of funds, business status, and current
number of employees.
CCF will provide the quarterly report template document to
businesses that receive grant funds.
STATEMENT OF NON-DISCRIMINATION
It is the general
policy of CCF to operate without discrimination as to age, race, religion, sex,
sexual orientation, gender identity, or national origin in its overall
administration and consideration of grant requests.