$60 Million on the Way for Palm Beach County Businesses

The Palm Beach County Board of Commissioners Approved the CARES Restart Business Grants Program to Assist Businesses Hardest Hit by Covid-19
By: Riviera Beach Community Redevelopment Agency
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RIVIERA BEACH, Fla. - May 21, 2020 - PRLog -- Palm Beach County on May 15, 2020, made available $60 million of its $261 million Federal Cares Act allocation to Palm Beach County businesses adversely affected by the novel coronavirus pandemic. This first-come, first-serve program dedicates $50 million to businesses with 25 employees or less and $10 million to businesses with greater than 25 employees.

The Riviera Beach CRA and the City of Riviera Beach urge all interested District-area businesses as well as Riviera Beach businesses to apply as soon as possible as the limited funding is expected  to run out quickly. For eligibility and guidelines to apply, visit pbcgov.com. Individual grants of up to $25,000 are available to Palm Beach County businesses forced to close or limit their operations that are planning to "restart" based on the county's phased re-opening plan.

Documents required to apply include: a fully executed application from the county's online portal, certifications, affirmations and acknowledgements, tax returns, payroll reports, an active Palm Beach County Business Tax Receipt, and an active registration on SunBiz. These documents must be uploaded into the system by the applicant. The county's online application process is expected to launch on Friday, May 22, 2020 at 8 am.

The Riviera Beach CRA

The Riviera Beach Community Redevelopment Agency is at the heart of dramatic transformations underway within its district.  Formed in 1984 by the Riviera Beach City Council, the CRA provides funding for a wide scope of projects that incentivize economic growth through business attraction and retention; finances new and improved infrastructure; and works to expand the tax base by creating a welcoming environment that eliminates blight and improves the perception of safety in the area.

The Agency's mission is to guide the city's redevelopment including making investments of public funds in infrastructure improvement projects that have the capacity to act as a catalyst for additional private funding and development, create jobs and improve the quality of life for residents.  For more information about the Riviera Beach CRA, visit www.rbcra.com.

The City of Riviera Beach

Originally settled in the late 1800s and incorporated in 1922, the City of Riviera Beach today is home to more than 34,000 residents, thriving businesses and a diverse array of cultures.  Included in this dynamic waterfront city's iconic areas of interest are the world-famous Blue Heron Bridge Dive Site, Singer Island, Lake Worth Lagoon, Port of Palm Beach, a U.S. Coast Guard Station, and more. The city encompasses nearly 10 square miles of area, and together in partnership with the Riviera Beach Community Redevelopment Agency and other entities, is undergoing a remarkable renaissance.

Colleen Hawkins
The MS Factor
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Tags:Riviera Beach CRA
Location:Riviera Beach - Florida - United States
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Page Updated Last on: May 21, 2020
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