Our organization is assisting the Town of Haubstadt in applying for grant funding for long-term economic recovery assistance to small businesses located within the corporate limits of the Town of Haubstadt.  The grant amount requested is $150,000. There is no local match requirement.

The purpose of the grant is to provide funds to small businesses to help retain low to moderate income (LMI) employees who have been affected by COVID-19. The community, not individual businesses, will be evaluated to determine if they meet specific LMI thresholds for eligibility.

ESTIMATED TIMELINE

First Public Hearing…………………………..July 15, 2020

Grant Application Due………………………July 31, 2020

Awards Announced…………………………..Aug. 27, 2020

Release of Funds……………………………….Sept 18, 2020

BUDGET

OCRA Grant Funds for businesses……………..$146,250

Grant Administration………………………………….$3,750

TOTAL……………………………………………………$150,000

For questions or to submit comment(s) on this project, please email Debbie Bennett-Stearsman, [email protected], at the Economic Development Coalition of Southwest Indiana.