City of LA's Comeback Checks Program
To support struggling for-profit small businesses, the Mayor and City Council, through the 2021-2022 budget process, allocated $50 million in American Rescue Plan Act (ARPA) funding to implement a series of programs that promote a strong and equitable economic recovery in the City, consistent with ARPA regulations.

EWDD is serving as administrator for this program. The City's nine BusinessSource Centers are on standby to assist prospective applicants. In the upcoming weeks, the first round of grants will be announced. A total of $37 million in "Comeback Checks" will be available for the City's small businesses. The grants will be distributed as follows:

$25M - Restaurant and Small Business Recovery Program
Deployment of $5,000 grants to 5,000 small businesses impacted by COVID-19, including restaurants and other vulnerable industries needing assistance in their economic recovery efforts

$12M - Small Business Rental Assistance Program
Grants of up to $15,000 (or six months' rent, whichever is less) to support rental/lease costs for about 800 small businesses in qualifying industries for both current and arrears rent payments and eligible new businesses that need assistance with first and last month's rent.

Eligibility Requirements
To be eligible, applicants must meet the following criteria:
  • Businesses and business owners must be located in the City of Los Angeles
  • Provide required documentation, including a Business Registration Tax Certificate (BRTC) and 2019-2020 tax returns (additional documents are to be determined)

Stay tuned for more information! Announcements will also be released on @LAEWDD social media channels on Instagram, Facebook, Twitter and LinkedIn. Please reach out to your local BusinessSource Center for assistance.

This story is part of the EWDD UPDATES from the week of August 16, 2021. Read this issue and more.