Community Development Block Grant
The City of St. Cloud’s CDBG program is used to conduct eligible activities such as public services, housing counseling and rehabilitation and economic development. The CDBG Program is a formula-based, entitlement grant provided by the United States Department of Housing and Urban Development (HUD). The primary purpose of the CDBG program is to develop viable urban communities and provide services to principally low-income citizens and their neighborhoods.
The City of St. Cloud is launching a new suite of financial assistance programs for businesses under its Community Development Block Grant (CDBG) Program. The two programs, Sidewalk Café Business Assistance Furniture and Small Business Rental Assistance Grants, are designed to encourage the retention and continued operation of St. Cloud businesses. As many small businesses in the area have suffered economic injury because of COVID-19. The purpose of this grant is to provide relief for these businesses in order to continue its operations, retain existing staff, and prevent blight conditions. With social distancing guidelines currently underway, many businesses are experiencing decline in sales causing the potential of significant increase in vacancy rates.
The Sidewalk Café Furniture Grant Program provides a one-time grant for downtown businesses to utilize outdoor dining in the city’s sidewalk right-of-way areas. The program offers one-time grants up to $10,000 per business for the purchase of outdoor furniture for restaurants, cafes and breweries. It is designed to help local businesses invest in high-quality furniture to complement and enhance downtown revitalization efforts during and post-COVID-19.
The Program allows eligible small businesses to apply for a rent subsidy and working capital for up to $5,000 per month for a maximum of $20,000 per business (based on current market lease rates). Grant recipients may use funding specifically for rent or mortgage payments, payroll and other working capital expenses (such as insurance, utilities, and telephone expenses).
The Community Development Department administers and monitors both programs, as well as determines eligibility of applicants. Applications will open Monday, March 1, 2021; the program will continue until funds are exhausted. Applicants are strongly encouraged to review the eligibility criteria prior to submitting an application.
For more information, please contact the Economic Development Office at 407-957-7234 or by email at email@example.com.