The City of St. Louis is accepting applications for its North St. Louis Commercial Corridor Grant Program.
Donor Name: City of St. Louis
State: Missouri
City: St. Louis
Type of Grant: Grant
Deadline: Ongoing
Details:
The City of St. Louis has allocated $37 Million of Coronavirus State and Local Fiscal Recovery Funds (SLFRF) to the St. Louis Development Corporation (SLDC), passed through the Community Development Administration, for the administration of a North St. Louis Commercial Corridor Grant Program.
Grant Programs
Community Need Grants: Small businesses and nonprofit organizations that are located in a HUD Qualified Census Tract (QCT) and are within a neighborhood that contains a portion of one of the North St. Louis Commercial Corridors can also apply for the funds. To qualify, a small business or nonprofit organization must fill a gap in needed professional or health services or enhanced retail or cultural offerings in the neighborhood.
Small Business Stabilization & Expansion Grants: Small businesses and nonprofits along each corridor can apply for stabilization and expansion from these grants.
- Stabilization – providing operational support for a business to maintain standard operations.
- Expansion – defined as business activity that supports the growth of the business and its ability to scale to respond to market opportunities.
- Façade and Storefront Improvements Program – The program is intended to help business and property owners make exterior and storefront improvements to enhance the value of their business, while improving the quality of experience for their customers and improving the vitality of North St. Louis neighborhoods.
Eligibility Criteria
- Small businesses and nonprofits located in one of the 11 eligible North St. Louis Commercial Corridors.
- Small businesses and nonprofits located in a HUD Qualified Census Tract (QCT) and are within a neighborhood that contains a portion of one of the North St. Louis Commercial Corridors. To qualify, a small business or nonprofit organization must fill a gap in needed professional or health services or enhanced retail or cultural offerings in the neighborhood (Community Need).
This application is to support the Small Business Stabilization & Expansion and Community Need programs. An application for Small Business and Community Enhancement grants will be available at a later date.
For more information, visit City of St. Louis.