Urban Renewal Authority Small Business Grant Program: COVID-19 disaster relief

WHAT IS THE URBAN RENEWAL AUTHORITY SMALL BUSINESS GRANT PROGRAM?

Oklahoma City's Urban Renewal Authority Small Business Grant Program was established in April 2020 in response to the COVID-19 crisis and funded with $400,000 in federal Community Development Block Grants allocated by the City of Oklahoma City. Qualifying Oklahoma City businesses within designated urban renewal areas, and with between 1 and 5 employees, may apply for grant funds.

PLEASE NOTE: Businesses MUST be located within an URBAN RENEWAL AREA in order to qualify for grant funds.

Please review the interactive and static maps at the bottom of the page to ensure your business qualifies.

**Download and save this application to your computer before completing the required information.

If you don't have a computer, an application can be mailed to you by contacting us through the phone number or email address below.

Email questions to info@theallianceokc.org and use "Small Business Grant Program" in the subject line or call (405) 604-6780.

Submit applications and supporting documentation to info@theallianceokc.org or mail to 105 N. Hudson Ave., Ste 101, OKC, OK 73102

The Oklahoma City Urban Renewal Authority (OCURA) Small Business Grant Program is intended to provide support for existing microbusiness enterprises (small businesses with 5 or less employees) located in an Urban Renewal Area designated by City of Oklahoma City Council. Priorities for this program are small businesses directly impacted by the City of Oklahoma City’s March 2020 declaration of emergency that interrupted, changed or altered their business services due to the COVID 19 pandemic. Other priorities include businesses owned by a Low to Moderate Income person(s) (as defined by HUD, see table below), minority owned businesses and women owned businesses.

Application for assistance is not a guarantee of funding. Funding decision will be made at the discretion of the granting authority and awards will be subject to applicable regulations of the federal Community Development Block Grant program.

HOW CAN GRANT FUNDS BE USED?

Applicants can apply for up to $10,000 in grants funds. Funds may be used for future payroll, occupancy (including utilities), business equipment, inventory, small business training, technical assistance and other necessary business expenses. Funds may not be used for mobile business equipment, property improvements (including leasehold improvements), or expenses or activity from before final approval of the grant.

DOCUMENTATION NEEDED:

  • Last two years of tax returns (or proof that business has not been operating long enough to file tax return)

  • Employee rosters

  • Appropriate licenses and permits. If owner does not have licenses and permits in place, the program will provide help.

ELIGIBILITY REQUIREMENTS:

Eligible businesses must:

  • Have five or fewer employees (including the owner). Can include sole proprietorships.

  • Be located in an Oklahoma City urban renewal area AND:

    • The owner is a low- or moderate-income person as defined by the U.S. Department of Housing and Urban Development (HUD)’s CDBG guidelines (see table below), OR

    • The business is in a census tract where at least 51% of the residents are low- or moderate-income as defined by HUD’s CDBG guidelines.

  • Have appropriate licenses and permits. The program can help businesses get necessary licenses or permits before funding is disbursed. Contact info@theallianceokc.org for help.

Organizations that are not eligible include:

  • Non-profits

  • Churches or religious organizations

  • Schools

  • Organizations that discriminate on the basis of race, culture, gender, sexual orientation or identity, age or religion

  • Adult entertainment businesses

  • Financial businesses primarily engaged in lending (banks, finance companies, factors)

  • Real estate development or rental property businesses

  • Life insurance companies

  • Private clubs and businesses which limit the number of memberships for reasons other than capacity

  • Government-owned entities or elected official offices

  • Lobbyists or political organizations

  • Businesses involved in the manufacturing or distribution of medical marijuana

  • Businesses engaged in any illegal activity

  • Businesses that have received support from other local, state or federal public resources such as the Small Business
    Continuity Program, Small Business Administration Disaster Assistance Loans, or other public subsidy

Additional Parameters:

  • Applicants may apply for assistance only once under the proposed program

  • Businesses with outstanding business related liens, judgments or tax liens are not eligible

  • Businesses that are delinquent on local, state, and/or federal tax obligations are not eligible

  • Businesses that are in active default (not on a payment plan) with taxes or fees owed to the City of Oklahoma City are not eligible

View interactive eligibility map by clicking on purple button below or view PDF map by clicking the image below.

 
Small Business Grant Program Eligibility Map
2020 Oklahoma City Urban Renewal Authority

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