CRA Emergency Business Investment Program: Deadline Extended to July 31
The City of Fort Lauderdale Community Redevelopment Agency (CRA) announces an Emergency Business Investment Program designed to provide relief for businesses affected by the COVID-19 pandemic. The program will provide up to $10,000 in forgivable loans that may be used toward rent or mortgage payments, employee payroll, or utilities. Applications are being accepted for eligible small businesses located in Fort Lauderdale’s Northwest Progresso Flagler Heights Community Redevelopment Area (NPFCRA) as well as the Central City CRA. Also, eligible businesses in low- and moderate-income areas of the City of Fort Lauderdale and businesses that employ low-and- moderate income workers throughout the City of Fort Lauderdale may also apply. “Small businesses are the backbone of our economy, and many are struggling as a result of the COVID-19 pandemic,” said Mayor Dean J. Trantalis. “We have created an Emergency Business Investment Program to help support...