(Funding source: $1,000,000 of HUD Funds)
$1,000,000 of the CHA 90-Day Stabilization Fund will create loans for small businesses that comply with HUD requirements. Loans are discretionary.
Preferred deadline to apply by: June 30, 2020
Amounts: From $25,000 up to $100,000
Uses: Variety of eligible uses.
*Priority will be shown to businesses directly impacted by Mayor Berke’s Executive Orders, including restaurants, fitness centers, barbershops, hair salons, tanning salons, childcare centers, eyelash salons, tattoo shops, body piercing shops, day spas, retail stores, entertainment & recreation facilities, indoor rock climbing, craft/art businesses, theaters, concert venues, etc.) As these funds are limited, submission of an application does not guarantee funding.