NMCRA CREATES 2 NEW EMERGENCY RELIEF GRANTS FOR BUSINESSES AFFECTED BY COVID-19

NORTH MIAMI COMMUNITY REDEVELOPMENT AGENCY (NMCRA) CREATES TWO NEW EMERGENCY RELIEF GRANT PROGRAMS FOR BUSINESSES AFFECTED BY COVID-19
$1,000-$5,000 Grants Available Through Emergency Relief for Essential Businesses Programs
NORTH MIAMI, FL. – (March 30, 2020) – To assist businesses during the threat of COVID-19 (coronavirus), the North Miami Community Redevelopment Agency (NMCRA) is creating two emergency relief grant programs for North Miami businesses that have been severely impacted and are facing challenging times during this ongoing crisis. Consisting of two separate programs, the Emergency Relief for Essential Business Program will provide (25) twenty-five North Miami businesses with grants up to $1,000 each and the other program, titled the Emergency Relief to Jump Start Businesses, will allow 120 North Miami small businesses to receive up to $5,000 to jump start their operations.
Available immediately, the first program titled The Emergency Relief for Essential Businesses Program is for eligible existing small businesses deemed essential by Miami-Dade County and the City of North Miami Offices of Emergency Management. This is a one-time, $1,000 grant for (25) twenty-five NMCRA businesses for the purchase of inventory to continue limited operations during this public health emergency. First, 25 businesses will receive this grant, then the second group of 25 businesses can receive funding once the Board grants their approval for the program to be extended to more businesses. Examples of eligible uses are inventory needed to cook and sell food; gasoline, propane gas for cooking, delivery services; and other services or items necessary to continue to operate.
Available once the Board approves it, the second emergency relief program, the Emergency Relief to Jump Start Businesses, will provide businesses with grants up to $5,000 for future operational expenses: rent, payroll, communications, etc. It will come into effect once the disaster declaration has been lifted and the Board of the NMCRA approves it. Candidates must have applied for the U.S. Small Business Administration (SBA) Disaster Loan and  Florida Disaster Loan, so document proof of the application with receipt is necessary.
“The City of North Miami and North Miami CRA continue to work hard to help the countless businesses and individuals who have been severely impacted by the ongoing health crisis,” says North Miami Mayor Philippe Bien-Aime, Chairman of the North Miami CRA Board. “We are doing everything in our power to educate the public, reduce the negative economic impact, and be ready to assist in recovery when conditions improve.”
Businesses interested in either of the NMCRA relief programs, should contact cragrants@northmiamifl.gov or 305-895-9839 to receive instructions on how to complete the applications.  Applicants must thoroughly review application guidelines and terms and conditions to ensure eligibility.
In addition to the creation of grants available through the NMCRA directly, the agency has also been sharing updates on new regulations pertaining to North Miami businesses and loans available to help small businesses suffering substantial economic injury as a result of the ongoing crisis, and will continue to do so. Some of these resources include:
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For media inquiries, please contact Taylor Cavazos at Kivvit at tcavazos@kivvit.com or 956.245.6788.
About the North Miami Community Redevelopment Agency (NMCRA):
The North Miami Community Redevelopment Agency is an independent government agency tasked with eliminating slum and blight in the heart of downtown North Miami. The NMCRA does this by using increases in taxable values to transform the area into one that again contributes to the overall health of the community.  This transformation occurs through various grants and incentives initiatives including: Commercial Rehabilitation and Beautification Grants; Public Private Partnership Developments; Infrastructure Improvements;  Neighborhood Improvement Programs; Affordable, Workforce, Market Rate, Luxury and Mixed Income Housing; Affordable/Workforce Housing Development & Renovation; Transportation and Transit Developments.
North Miami Community Redevelopment Agency (NMCRA) Update for Businesses
This Thursday, April 2, at 11 a.m. (EST), the North Miami Community Redevelopment Agency (NMCRA) and Emineo Media are hosting a free webinar for local small businesses to learn how to apply for a U.S. Small Business Administration (SBA) Disaster Loan and the Florida Bridge Loan.
Representatives from both the SBA and the Small Business Development Center (SBDC) will be present to answer any questions from attendees. To learn more and register for the event, please visit https://zoom.us/meeting/register/vJArf-Cprz4iJOF-iZuFbEt_L-N4fXT9XQ  (limited space available).