Business grants through federal aid funding: New Jersey has allocated $260 million of the $1.8 billion federal Community Development Block Grant program for small business grants of up to $50,000 per business. To be eligible, a business must have suffered damage of at least $5,000 and have applied for a disaster-related loan through the U.S. Small Business Administration. Before a final grant decision can be made, the business must have already received a decision on their SBA loan.
For more details, go to http://application.njeda.com/strongernjbusinessgrant or call 1-855-726-3929.
Rebuilding grants through New Jersey’s CDBG disaster recovery program: New Jersey will spend a third of its $1.8 billion share on grants of up to $150,000 to qualified homeowners to bridge gaps between insurance payouts and how much it will cost to rebuild and raise storm-damaged houses. The Department of Community Affairs, which is in charge of the program, still is finalizing program details and will announce the application process within a few weeks. All work paid for through the grants must be conducted through a state-approved contractor that the state will pay directly, however that list still is being developed.
For more information, call 1-855-726-3946 or visit http://www.state.nj.us/dca/divisions/sandyassistance.html, where residents can sign up for email alerts.
Approved Contractors: New Jersey will require that all reconstruction work done in the state that is paid for through the CDBG grants must be completed by an approved contractor, which the state will pay directly. Contractors who want to apply to be on that list should call 1-855-726-3946 or visit http://www.state.nj.us/dca/divisions/sandyassistance.html.
Atlantic County Rental Fair: Atlantic County and the Department of Community Affairs will hold a rental housing fair from 2 p.m. to 5:30 p.m. May 17 at the Atlantic City Convention Center. Attendees can meet with landlords and real-estate agents to discuss available housing and look at listings. Attendees can learn more about Section 8 vouchers. For more information, call 609-649-8769.