This program is a perfect fit for your business if you’re looking to make a positive impact in your community. By applying for funding, you can support projects that enhance the Lower Los Angeles River area while aligning your goals with community needs. You’ll have the opportunity to develop initiatives that improve economic conditions and public health, which can lead to greater visibility and credibility for your business.

The funding available has the potential to drive growth not just for your company, but for the entire community. Here’s why you should consider applying:

• Flexibility: There’s no maximum or minimum revenue requirement, allowing for various businesses to benefit.
• All sectors welcome: Your business type doesn’t matter; participation is open to everyone.
• Community engagement: Collaborate on projects that can create a stronger local environment and economy.

This program gives you the chance to be a leader in community-driven projects, helping shape a better future while boosting your business’s reputation.

Type of Financing

The financing offered through this program is primarily in the form of grants. This means you won't have to pay it back. It’s designed to support projects that improve the community and environment.

Repayment Terms and Interest Rates

Since this is a grant, there are no repayment terms or interest rates involved. You receive the funds and can use them without the pressure of paying them back later. It's that straightforward!

Eligible Expenses

You can use the funds for multiple expenses, including:

• Project planning and design
• Community engagement and outreach activities
• Environmental restoration efforts
• Infrastructure improvements related to the lower Los Angeles River

What Funds Cannot Be Used For

It's important to note that the funds cannot be used for:

• Political activities
• Personal expenses unrelated to the project
• Activities not consistent with the goals of the program

Fees Associated with the Program

There are no application fees or hidden costs for applying. However, it’s always wise to consult with RMC staff before submitting your proposal to ensure a clear understanding of the requirements.

• Location: Business must operate within the Lower Los Angeles River area, specifically from the city of Vernon to the city of Long Beach.

• Employee Count: No minimum or maximum number of employees required.

• Company Revenue: No minimum or maximum revenue qualifications.

• Legal Structure: All legal structures are applicable.

• Profit Structure: All profit structures are applicable.

Disqualifications:

• None mentioned.

The program focuses on enhancing the Lower Los Angeles River area. It aims to improve the environment through community-led projects that target economic development, health, and equity. This initiative provides a fantastic chance for you to contribute positively to your local area while also benefiting your business.

You can access grants to fund various projects that align with the program's goals. While the specific amount of funding hasn't been set, the potential for support can help you develop projects that lead to a stronger community and a better environment. This funding can be used for projects that impact the public realm and water quality, allowing your ideas to take shape and flourish.

This program is open to all sectors, which means you can participate regardless of your business type. The process starts with a phase where you submit a concept proposal to ensure your project aligns with the program’s objectives. This is an excellent opportunity for you to partner with your community in revitalizing the Lower Los Angeles River while also driving growth for your business.