This program offers grants designed to enhance racial and socioeconomic equity in your community, making it an excellent fit for your business. By applying, you have the chance to not only support low- and moderate-income individuals but also boost your business initiatives while making a real difference. The flexibility of funding ensures you can tailor your projects to meet community needs without worrying about paying the money back.

With no caps on funding amounts, you can pursue larger projects that align with your vision for growth. Plus, the absence of requirements regarding employee counts or revenue limits means this opportunity is accessible for businesses of all sizes. Invest in your community, fuel your growth, and create lasting positive change—this program is all about helping you succeed while you help others.

Type of Financing
The financing provided through this program is a grant. This means the money does not have to be paid back, making it a great opportunity for businesses aiming to reduce disparities and enhance community equity.

Repayment Terms and Eligible Expenses
Since this is a grant, there are no repayment terms or interest rates. You can use the funds for a variety of expenses, including:

• Decent affordable housing projects
• Economic development programs
• Community services that benefit low- and moderate-income persons

Restrictions and Fees
The funds cannot be used for political activities, general government expenses, or any project that does not align with the national objectives. There are no fees associated with applying for or receiving the grant. This means more money in your pocket to support your initiatives.

• Must be a Non-Entitlement Unit of Local Government.
• Can apply on its own or on behalf of one or more other eligible Applicants.
• Two or more eligible Applicants that share a program may submit a joint application.
• Application can be submitted on behalf of an eligible subrecipient, including a non-federally recognized Tribe or nonprofit.
• Available in specific local government areas, potentially across California.
• No minimum or maximum number of employees required.
• No minimum or maximum company revenue qualifications.
• All legal structures are applicable.
• All profit structures are applicable.

Disqualifications:

• Businesses must operate as a Non-Entitlement Unit of Local Government; other business types may not qualify.

This program offers grants specifically designed to boost projects that enhance racial and socioeconomic equity in your community. These funds aim to help low- and moderate-income individuals by establishing decent housing, improving living conditions, and expanding economic opportunities. It’s a chance for your business to directly contribute to meaningful change, while also potentially benefiting from community growth.

You can receive funding without the need to pay it back, making it a great opportunity to invest in your business initiatives. The amount of funding is not capped, allowing your project to operate within the necessary financial limits. This flexibility lets you use the money for various purposes—think enhancements that truly align with community needs.

Additionally, you don’t need to worry about employee minimums or revenue maximums, making this accessible for businesses of all shapes and sizes. This program is not just about funding; it's about making a real difference in your community while also fostering growth for your business at the same time.