At their May 7 regular meeting, Benbrook City Council approved an emergency grant program allowing Benbrook businesses to receive up to $5,000 in assistance toward mortgage or lease payments.
The Disaster Relief Grant Program was created to assist Benbrook businesses that have been financially impacted by the COVID-19 pandemic. Retail, service, and office businesses that are within Benbrook city limits and employ less than 100 employees are eligible to apply.
The grants do not require a financial match, and are available on a first-come, first-served basis until September 30, 2020, or until funds are depleted. City Council approved a corresponding budget adjustment to fund the disaster grant program at $500,000.
The council action was taken in response to a recommendation from the Benbrook Economic Development Corporation (BEDC) Board of Directors, which had proposed repurposing the BEDC’s current Storefront Improvement Grant funds for disaster relief. As part of their mission, BEDC works to promote a diverse and vital economy by retaining and supporting the local business community.
Click here to see the eligibility requirements and start the grant application process.