What can the grant be used for?


Category: PIER FAQs

Examples of eligible economic revitalization and recovery/rebuilding activities include but are not limited to:

  • Working Capital for:

    • Inventory

    • Operating Costs, Utility bills, Insurance, Licenses and Permits

    • Staffing/Salaries/Benefits

    • Moveable Equipment

    • Mortgage/rent payments

    • General business supplies

    • Expansion of services

    • Marketing Costs

    • Business related travel/transportation

  • Construction projects on buildings essential to business operations on either private/residential property

  • Job creation/retention

  • Address unmet economic recovery needs from the 2020 Labor Day Disasters

  • Demonstrate clear benefits to the fire-affected community or vulnerable populations

Insurance requirements:

  • Businesses located within a 100-year floodplain and awarded funds for mortgage assistance, inventory or equipment expenses must maintain building or contents flood insurance for the life of the loan or grant agreement. This tool can help you determine if your business is in a floodplain.


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