Availability of Funds 

In response to the economic impact of the COVID-19 pandemic, the City of Delray Beach is allocating up to $521,181 of the CDBG-CV funding towards the economic development initiative. Applicants must have documented COVID-19 hardship. The maximum request is $35,000 including copies of lease ledger and salary verification. Application deadline is December 15, 2021.

Eligible Use of Grant Award:

• Salaries/Payroll for job retention and/or commercial rent
• $35,000 maximum award, subject to funding availability (*Criteria must be met)

Eligibility Business Requirements:

Businesses are ELIGIBLE to apply for a one-time CDBG-CV Business Assistance Grant if:

• Activities prevent, prepare for, and/or respond to coronavirus;
• It is defined as a “microenterprise” as a commercial enterprise that has five (5) or fewer employees, one (1) of whom is the owner.
• Overall Benefit to Low-Moderate Income (LMI) Persons. (III.B.5. (d)(iv) Overall Benefit to LMI Persons
• Has an Active Delray Beach Business Tax Receipt and/or  Palm Beach County Business Tax Receipt or is Exempt from filing a Business Tax Receipt with the Palm Beach County Tax Collector *You can renew your Business Tax Receipt online if it is not currently active; If you do not have a Palm Beach County Business Tax Receipt, please contact the Palm Beach County Tax Collector at 561-355-2264 or Delray Beach at 561- 243-7203 select option 4
• Full-Time Equivalency (FTE) is calculated as one or more employee’s hours to equal 40 hours per week. Verified by W-2.
• Must create or retain at least one (1) full-time permanent job per $35,000 of CDBG-CV funds invested.
• Duplication of benefits are prohibited. (Form Attached)
• Business cannot have received CDBG-CV funds under Round 1 allocation from the City of Delray Beach

What You Will Need to Apply:

Completed Business Financials

Individuals: Sole Proprietors, Independent Contractors, Individual/Single-Owner Limited Liability Companies

• 2020 Individual Income Tax Return* (Form 1040) including Schedule C and all other schedules/statements submitted with the tax returns to the IRS; or
•  2019 Individual Income Tax Return* (Form 1040) including Schedule C and all other schedules/statements submitted with the tax returns to the IRS if 2019 Individual Income Tax Return is not filed; and
•  Any payroll forms submitted to the IRS if you have employees other than yourself; and
•  Active Palm Beach County Business Tax Receipt; and/or Delray Beach Business Tax Receipt
• Palm Beach County Business Tax Receipt Exemption; and
•  For Individuals using a Fictitious Business Name:  An Active State of Florida Division of Corporations Record as shown on SunBiz.org

Corporations:  C-Corps, S-Corps, and Limited Liability Companies

•  2020 Corporate Income Tax Return* (Form 1120 ) including all schedules/statements submitted to the IRS; or
•  2019 Corporate Income Tax Return* (Form 1120) including all schedules/statements submitted to the IRS if the f 2020 Corporate Income Tax Return is not filed; or
• 2020 Income Tax Return for an S Corporation* (Form 1120-S) including all schedules/statements submitted to the IRS; or
• 2019 Income Tax Return for an S Corporation* (Form 1120-S) including all schedules/statements submitted to the IRS if the 2020 Income Tax Return for an S Corporation is not filed; and
• 2020 Transmittal of Wage and Tax Statements (Form W-3) Employer's Quarterly Federal Tax Return for 4th Quarter 2020 (Form 941) ; or
• Employer's Quarterly Federal Tax Return for 4^th Quarter 2020 (IRS Form 941); or
• Any other payroll forms submitted to the IRS; and
• Active Palm Beach County Business Tax Receipt; and/or Delray Beach Business Tax Receipt
• Palm Beach County Business Tax Receipt Exemption; and
• An Active State of Florida Division of Corporations Record as shown on SunBiz.org 

Partnership

• 2020 Return of Partnership Income* (Form 1065); or
•  2019 Return of Partnership Income* (Form 1065) if 2019 Return of Partnership Income is not filed; and
• 2020 Transmittal of Wage and Tax Statements (Form W-3); or
• Employer's Quarterly Federal Tax Return for 4^th Quarter 2020 (IRS Form 941); or
• Any other payroll forms submitted to the IRS; and
• Active Palm Beach County Business Tax Receipt; and/or Delray Beach Business Tax Receipt
• Written Statement attesting to your business Exemption; and
•  For Partnerships using a Fictitious Business Name:  An Active State of Florida Division of Corporations Record as shown on SunBiz.org 

* Note: All Returns must be SIGNED and DATED or must include a completed IRS e-file Signature Authorization (Form 8879) to demonstrate it was submitted electronically to the IRS.

• Lease Agreement (*Commercial rent). Staff to request balance statement/vendor app completion by Landlord
• W-2 for employee being retained.
• Bank Statements – Three (3) months of checking account/Most recent savings statement
• Business Tax Receipt as required for company/licensure type

Applying for the Program:

• The application period for this program has ended.  
• You will be required to attach the required documentation as part of the application completion and submission process
• Please gather all required documentation prior to applying;
• Applications will be reviewed on a first-come, first served basis   
• Access to the system will end at 11:59 p.m. on December 15, 2021

Certification of Household Income (Must be met by employee being retained)

Household Size and Income Categories to be served:

For more information regarding the program, please contact Neighborhood Services staff at communityneighborhood@mydelraybeach.com. Hours of operation are Monday - Friday, 8 AM - 5 PM.

PDF Version: CDBG-CV Notice