Assistance to Businesses:
Application Deadline: August 24, 2020 @ 4:30 pm
Madison County has identified relief funds to support small businesses hardest hit by the COVID-19 pandemic, specifically local businesses with a commercial location in the County. Funds are anticipated to be available late June or early July as part of the Coronavirus Aid Relief, and Economic Security (CARES) Act federal stimulus package
Madison County is providing financial support to qualified small businesses (businesses with 25 full time equivalent or fewer employees) that are negatively impacted by the COVID-19 pandemic due to orders to close or limit operations. This program provides a maximum amount of $15,000 (amounts will vary depending on number of employees), 0%, forgivable loans are being offered to help offset/recover from the significant, temporary loss of revenue to these qualified businesses during this pandemic, and to assist businesses in retaining and paying employees.
PLEASE MAKE SURE TO READ THE LOAN GUIDELINES FOR ELIGIBILITY PRIOR TO APPLICATION SUBMISSION.
Madison County (excluding Alton & Granite City)
Madison County Applications (excluding the City of Alton and the City of Granite City) may be requested by email or phone at
jparnold@co.madison.il.us ; 618-296-4247 or
ssborders@co.madison.il.us
Economic Development Applications are now available to read and print.
Applications can be submitted on August 17, 2020 through August 24, 2020 at 4:30 PM (CDT), with funds expected to be available in late October 2020.
No applications will be considered if received after the above referenced submission date. U.S. Postal service or E-mail submissions are highly preferred at this time due to the effects of COVID-19, though alternative options are available.
All applications, regardless of submission type, must be received by the deadline to be considered. Incomplete applications will not be considered. Madison County reserves the right to reject any application submitted.
BUSINESS APPLICATION LINKS
Public Service Applications
Public Service Application Deadline: August 24, 2020 @ 4:30 pm
Madison County Community Development (MCCD) is currently seeking subrecipient projects for FY 2019 Public Service COVID-19 funds. Community Development Block Grant (CDBG) COVID-19 funds are provided by the U.S. Department of Housing and Urban Development (HUD) to address COVID-19 hardships as well as for data gathering. The goal is to make available flexible financial resources to businesses/community-based and medical organizations to enable essential service deliver to prevent, prepare for, and respond to coronavirus. Federal law requires that the housing and community development grant funds primarily benefit low and moderate-income persons. Please note that the funding cap for this RFP is $20,000.00 per agency.
Non-profit agencies, public agencies and Community-Based Development organizations are eligible to apply for COVID-19 grant funds. The agency must be able to document COVID-19 hardship, as well as demonstrate funds will benefit primarily low and moderate income in Madison County.